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OTHER NEWS - July 20, 1994

From Times Staff and Wire Reports

Revco to Sell, Close 322 Drugstores: The company said it will sell 272 drugstores acquired from Hook-SupeRx of Cincinnati and close about 50 of its remaining 2,130 stores. Revco President D. Dwayne Hoven said Revco D.S. Inc. of Twinsburg, Ohio, will sell the 219-store Brooks Pharmacy chain in New England, 31 Hook-SupeRx stores in Michigan, 16 Hook-SupeRx stores in the Chicago area and 6 deep-discount stores in the South. Employees at Hook-SupeRx’s three administrative centers were told they will be out of work once the transition is complete.

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