Target Partners with Metro to Run Quebec Pharmacies
Target and Metro Inc. subsidiary McMahon Distributeur Pharmaceutique Inc. are partnering to operate in-store pharmacies at Target locations across Quebec.
The partnership under McMahon’s Brunet banner will provide pharmacies in the majority of Quebec store locations and help deliver on a mutual commitment to making health care an essential part of the Target guest experience. As previously announced, Target plans to open 124 stores across Canada throughout 2013 and will open its first 25 stores in Quebec this fall.
“We’re pleased with the feedback we’ve received at the 62 in-store pharmacies that are currently in operation throughout Canada, and look forward to delivering superior, patient-focused healthcare to our guests in Quebec,” said Tony Fisher, president of Target Canada. “Brunet’s reputation as a leader in promoting patient health and well-being, combined with its specialized product offering, makes Brunet the ideal strategic partner to help us deliver outstanding patient care in Quebec.”
Under the agreement, McMahon - the franchisor of the Brunet banner - will enter into agreements with pharmacist-owners who will own and operate pharmacies within the stores. McMahon will provide supply chain and inventory services as well as operational support to the Brunet franchised pharmacist-owners. The in-store pharmacies will carry Target-owned brands and provide guests with access to prescription, pharmacy and health consultation services.
In particular, guests will benefit from the Brunet banner’s exclusive MaSanté online tool, which will provide them with personalized options to access their personal file online.
“The agreement with Target provides an excellent growth opportunity for Metro's pharmaceutical division, particularly for the Brunet banner, as it enables us to significantly increase our presence, our purchasing power and our sales potential in Quebec," said Eric R. La Flèche, Metro president and CEO. "In all, 18 new pharmacies, including 12 in the greater Montreal area, will be set up by the summer of 2014, bringing the total of Brunet to 168."
Minneapolis-based Target Corp. operates 1,856 stores, 1,788 in the United States and 68 in Canada.