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Company type | Pharmacy |
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Industry | Retail |
Founded | 1982 |
Defunct | 2002 |
Fate | Bankruptcy, Liquidation |
Headquarters | Youngstown, Ohio, U.S. |
Key people | Michael I. Monus, David Shapira |
Products | Pharmacy, Liquor, Cosmetics, Health and Beauty Aids, General Merchandise, Snacks, 1 Hour Photo |
Number of employees | 25,000 |
Subsidiaries | The RX Place Pharm House |
Website | www.phar-mor.com (2001 archive) |
Phar-Mor (stylized as PHA℞-MOR) was a United States chain of discount drug stores, based in Youngstown, Ohio, and founded by Michael "Mickey" Monus and David Shapira in 1982. Some of its stores used the names Pharmhouse and Rx Place (purchased in the mid-1990s from the F.W. Woolworth Company). Low prices were advertised to bring in a large volume of sales with the slogans "Phar-Mor power buying gives you Phar-Mor buying power" and "Phar-Mor For Less." Another common slogan in their TV commercials was "Power buying saves: Save at Phar-Mor."
In 1996, the Green Bay, Wisconsin-based regional discount store chain ShopKo announced a plan to merge with Phar-Mor, but withdrew from the plan a year later, citing irreconcilable differences.[1][2][3][4]