My watch list
my.chemeurope.com  
Login  

Fay's Drug



Fay's Drug Company, Inc.
Fate Merged into Eckerd (now Rite Aid)
Founded 1958 Fairmount, New York
Defunct 1997
Location Syracuse, New York
IndustryRetail
ProductsBeauty products, drugs, snacks, beer, photo shop, movies, food and housewares.

Fay's Drug was a chain of drug stores that was founded in 1958 in Fairmount, New York. At its height, Fay's Drugs operated its core business, along with Wheels Discount Auto and The Paper Cutter Books and Office and Party Supply.

History

Beginning

In 1958, the first Fay's Drug Store was opened in Fairmount, New York by Henry A. Panasci, Jr. and his father Henry Panasci Sr. The store was named after Faye Panasci.

Fay's steadily grew in Central New York -- the resulting Fay's Drugs Company, Inc. was incorporated on October 20, 1966 and Fay's Drugs opened its headquarters in Syracuse, New York with the bulk of its operations residing in Liverpool, New York.

JCPenney

In 1996, Fay's Drugs was sold to JCPenney. JCPenney merged its drug operations into Eckerd in 1997. Many of the original Fay's Drugs locations that have not been closed in favor of stand-alone Eckerd stores (many now Rite Aid locations) still feature the familiar Fay's aisle and pharmacy formats that served as models for drug chains nationwide.

 
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Fay's_Drug". A list of authors is available in Wikipedia.
Your browser is not current. Microsoft Internet Explorer 6.0 does not support some functions on Chemie.DE