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40-820: Revco Discount Drug Stores (known simply as Revco or Revco, D.S. ), once based in Twinsburg, Ohio , was a major drug store chain operating through the Ohio Valley , the Mid-Atlantic states , and the Southeastern United States . The chain's stock was traded on the New York Stock Exchange under the ticker symbol RXR. Revco was sold to CVS Pharmacy for $ 2.8 billion ($ 4.94 billion in 2023) in February 1997. When it

80-494: A card to identify their participation in the discount program (though Revco did not track purchases as many loyalty card programs do today). Revco used gymnast Mary Lou Retton as an advertising spokesperson in the 1990s, who often began commercials by saying, "And another thing..." and would end them by saying, "...and now you know. Revco." Rite Aid now offers a similar discount program to "Senior Shoppers", called "Living More". This may be because Rite-Aid's James P. Mastrian, who

120-482: A customer to go any Revco to have their prescription refilled without the stores having to call each other on the phone. While this type of system is the norm in drug stores today, it was revolutionary when Revco used it. PAL was introduced to Revco stores during its emergence from bankruptcy. Revco founded and sponsored a marathon in Cleveland , which was often referred to among runners as "The Revco" (its full name

160-535: A discount program for customers with disabilities (called "Helping Hands") and for baby supplies (called "Baby Bunch"). At the time, it was highly unusual for a chain of Revco's size to offer such discount programs, and the chain was extremely popular with customers because of these programs. Revco may have been well ahead of its time, as its discount programs resembled today's loyalty card programs used by grocery stores and CVS. Revco had customers fill out an information card with their contact information and gave them

200-468: A female householder with no husband present, and 29.3% were non-families. 24.9% of all households were made up of individuals, and 8.6% had someone living alone who was 65 years of age or older. The average household size was 2.54 and the average family size was 3.08. In the city the population was spread out, with 26.7% under the age of 18, 5.1% from 18 to 24, 35.5% from 25 to 44, 21.6% from 45 to 64, and 11.2% who were 65 years of age or older. The median age

240-665: A hostile takeover, and acquired the Hook's chain. Kroger divested itself of Hook's and its own SupeRx drugstores a year later, and Hook's became a division of the privately held Hook's-SupeRx . Hook's-SupeRx acquired the New England–based Brooks Pharmacy chain in 1988. Hooks-SupeRx stores traded under three different names – Hook's Drug and SupeRx in the Midwest and Brooks Pharmacy in New England. Hook's-SupeRx

280-510: A male householder with no wife present, and 31.7% were non-families. 27.8% of all households were made up of individuals, and 12.1% had someone living alone who was 65 years of age or older. The average household size was 2.49 and the average family size was 3.09. The median age in the city was 41.4 years. 25.4% of residents were under the age of 18; 5.7% were between the ages of 18 and 24; 24.8% were from 25 to 44; 29.4% were from 45 to 64; and 14.5% were 65 years of age or older. The gender makeup of

320-483: A partner. By 1912, the chain had expanded to twelve stores. Many of Hook's interwar drug stores were designed by Kurt Vonnegut Sr. of Vonnegut & Bohn . Roesch became president of the company in 1943 upon Hook's death. In 1956, following Roesch's death in a traffic accident, John Hook's son, August F. "Bud" Hook, assumed leadership of the company. The chain added 150 new stores between 1946 and 1972. In 1985, The Kroger Company outbid Rite Aid , which had attempted

360-690: A public square and $ 20 to support the town's first school on the condition that the community would change its name from Millsville to Twinsburg. The Twinsburg Post Office was established in 1825. In 1963, the Twinsburg Historical Society was founded. It was housed in the building formerly occupied by the Twinsburg Institute (founded by Samuel Bissell and built in 1863). The museum run by the Historical Society holds pictures, papers and documents related to

400-447: A total area of 32.3 km² (12.5 mi² ). 32.2 km (12.4 mi ) of it is land and 0.1 km (0.04 mi ) of it (0.24%) is water. As of the census of 2010, there were 18,795 people, 7,507 households, and 5,124 families residing in the city. The population density was 1,364.9 inhabitants per square mile (527.0/km ). There were 7,898 housing units at an average density of 573.6 per square mile (221.5/km ). The racial makeup of

440-761: A vacant lot stands where the school once did. Twinsburg is served by the Twinsburg Public Library . Hook%27s Drug Stores Hook's did business under its own banner, the SupeRX Drug Stores banner outside its core market, and the Brooks Pharmacy banner after acquiring the New England pharmacy chain. The entire company was eventually purchased by fellow Midwestern drugstore chain Revco . Most former Hook's locations that are still open operate as CVS , which bought out Revco in

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480-631: Is a suburban city in Summit County, Ohio , United States, located midway between Akron and Cleveland . The population was 19,248 as of the 2020 census. It is part of the Akron metropolitan area . In 1817 Ethan Alling, then aged 16, came to Township Five in the tenth range of the Connecticut Land Company , also known as Millsville. Alling was to survey the 400 acres (1.6 km ) of land his Connecticut family had purchased. He

520-449: Is considered the first settler of the town that would be renamed Twinsburg, and later he became the postmaster of the town, as well as a merchant, stagecoach operator, and hotel proprietor. A pair of identical twins named Moses and Aaron Wilcox, from Killingworth, Connecticut, purchased some 4,000 acres (16 km ) of land in 1819. They sold tracts at low prices to attract other settlers. The twins offered 6 acres (24,000 m ) of land for

560-532: Is the Executive Vice President of Marketing , held the same position at Revco from 1994 to 1997. Twins Days , a festival honoring the twin brothers who founded the city of Twinsburg , was the brainchild of Charles R. DeHaven, then Revco's Assistant Vice President of Public Relations . DeHaven planned a number of promotional events in 1976 to commemorate the nation's bicentennial . From the small gathering of 37 sets of twins that first year,

600-605: The FTC penalty, CVS paid a $ 1.58 million fine to the Virginia Board of Pharmacy for violating state regulations governing the transfer of patient prescription records. Revco was well known for the slogan "You need all the Revco you can get!", its "A Friend for Life" slogan, and its senior citizen's discount program, called "Senior Shoppers" (in which customers over 65 received 10% off their purchase every Wednesday). Revco also had

640-423: The aisles as they walked from the front doors to the pharmacy, which was in the back of the store. A very wide main aisle led from the front door to the pharmacy, and this aisle separated the slanted aisles from the "straight aisles". While many drug stores in the U.S. have variations of this design today, it was a departure at the time from the usual all front-to-back, straight aisles. In Revco's free standing stores,

680-484: The area's history. Tools and artifacts used by early artisans and farmers, furniture, including domestic items, clothes, and books, as well as letters and records of Twinsburg's early days, are all showcased. The Mail Pouch Tobacco sign displayed on the barn was one of the last ones painted by the famous barn painter Harley Warrick . According to the United States Census Bureau , the city has

720-459: The buyout, saying that Rite Aid would become a monopoly in many markets because Rite Aid and Revco had many overlapping stores, and Rite Aid withdrew its bid for the company. In February 1997, CVS Pharmacy entered into an agreement to acquire Revco, but the FTC moved to block the acquisition under the Clayton Act on the ground that it would substantially reduce competition in two markets:

760-436: The city was 46.8% male and 53.2% female. Of the city's population over the age of 25, 44.1% holds a bachelor's degree or higher. As of the census of 2000, there were 17,006 people, 6,641 households, and 4,695 families residing in the city. The population density was 1,366.7 inhabitants per square mile (527.7/km ). There were 6,871 housing units at an average density of 552.2 per square mile (213.2/km ). The racial makeup of

800-420: The city was 78.5% White , 13.4% African American , 0.1% Native American , 5.7% Asian , 0.3% from other races , and 1.9% from two or more races. Hispanic or Latino of any race were 1.2% of the population. There were 7,507 households, of which 35.5% had children under the age of 18 living with them, 56.9% were married couples living together, 8.9% had a female householder with no husband present, 2.5% had

840-401: The city was 86.93% White , 8.73% African American , 0.11% Native American , 2.95% Asian , 0.01% Pacific Islander , 0.31% from other races , and 0.96% from two or more races. Hispanic or Latino of any race were 1.03% of the population. There were 6,641 households, out of which 35.5% had children under the age of 18 living with them, 60.7% were married couples living together, 7.7% had

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880-626: The deaths of a number of premature infants. In order to prevent a hostile takeover and increase short-term profitability, Dworkin then led the chain into a deal that would seal its fate many years later. Under his leadership, Revco purchased a company called Odd Lot Trading Co., a closeout retailer based in New Jersey. Revco's management lost its focus on the drug store portion of its business due to problems with Odd Lot Trading Co., and earnings tumbled. The chain also began to merchandise items such as televisions, furniture, and other non-core items, and

920-401: The divestiture to Eckerd, the FTC alleged that CVS removed important computers and pharmacy files from the divested stores, and that CVS denied Eckerd access to Revco's computerized patient profile data , providing the data only on microfiche , which would require Eckerd to manually re-enter the data , impairing Eckerd's ability to compete. CVS was fined $ 600,000 for the violation. Apart from

960-408: The festival now attracts thousands from all over the world and makes national headlines every summer. Revco was one of the first drug store chains in the country to have a centralized pharmacy computer system, which it called Prescription Access Link (PAL). This system allowed each Revco access to any other Revco's prescription information. It highly advertised this system to customers, which allowed

1000-405: The heavy investment proved to be a failure. In 1986, Revco was the target of a leveraged buyout . Part of the buyout deal was to reduce costs by closing stores and by reducing inventory to repay debts. This left the company with a shortfall of cash, and suppliers stopped shipping inventory, causing the chain to lose customers. This eventually caused the chain to file for bankruptcy in 1988. Revco

1040-444: The late 1990s and rebranded their stores as CVS. The Brooks Pharmacy stores were divested by Revco after the purchase; most of them operate as Rite Aid stores. In October 1900, pharmacist John A. Hook opened the first Hook's Drug Store in an Indianapolis German community at the corner of South East and Prospect Streets. A second location opened at the corner of New Jersey and East Washington Streets and Hook added Edward F. Roesch as

1080-471: The new store designs was the arrangement of the store aisles, which was developed and introduced as the company was emerging from bankruptcy. Half the store had aisles that ran from the front of the store to the back in straight rows. Seasonal merchandise, food, greeting cards , baby supplies, hardware and office supplies were in this half of the store. The other half of the store, the health and beauty sections, had their aisles slanted so customers could see down

1120-545: The purchase of over 800 Hook's/SupeRx drug stores in 1994 in the Mid-Atlantic region and Midwest, and Birmingham, Alabama , based Big B Drugs in the southeast, which was its last purchase, made in 1996. In order to help Zell recover his investment in the company, the company's management was under pressure to sell the company. In 1996, Revco entered into an agreement with Rite Aid to be bought out. The Federal Trade Commission (FTC) announced that it would sue to stop

1160-411: The slanted aisles had an open ceiling above them; the other aisles had a drop ceiling over them. In these stores today, which are now CVS stores, the open ceiling and drop ceiling are still in place (though all the aisles are now aligned in a traditional manner). The new stores also were decorated in soft blues and greys, had track lighting, and low hanging lights over the greeting cards, all which gave

1200-646: The state of Virginia and the Binghamton, New York metropolitan statistical area . In response, CVS and Revco agreed that 114 of Revco's Virginia stores and six of its Binghamton-area stores would be divested. The companies entered into a consent order with the agency, under which it was agreed that the Virginia-area stores would be divested to Eckerd Corporation and the Binghamton stores would be divested to Medicine Shoppe , Inc. As part of executing

1240-401: The store a "soft" appearance. Revco introduced strict rules about having no handwritten signs or merchandise displays sitting directly on the floor, which it thought gave the stores a cleaner look. All front-end employees had to wear a navy blue smock. After emerging from bankruptcy, the chain grew tremendously again, increasing its store count to over 2,500 stores. Part of this growth came from

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1280-552: The world, with many sets returning year after year. The Twinsburg City School District is composed of five schools, 4,069 students, 234 classified staff, and 272 certified staff. The schools have received the "Excellent with Distinction" rating for the Ohio state tests for the 2010–11 school year. Schools in the city are as follows: According to the Twinsburg City Schools, The "Old School" located on Darrow Road

1320-522: Was " The Revco Cleveland Marathon and 10K "). The first race took place in 1976, when jogging /running first became a national fitness craze. Famous Olympic athlete Jesse Owens fired the starting gun at the first race, which started at Western Reserve Academy in Hudson, Ohio, wound its way up Rt. 91 north through Twinsburg and Solon, and eventually ended in Cleveland. This particularly grueling course

1360-427: Was 36 years. For every 100 females, there were 92.0 males. For every 100 females age 18 and over, there were 88.2 males. Twinsburg holds a yearly festival for twins, and other multiple births, called Twins Days . The festival started in 1976 and has grown to be the world's largest annual gathering of twins, with around 3,000 sets attending annually. The festival attracts twins, multiples, and their families from much of

1400-718: Was acquired by Revco in 1994. Revco was subsequently acquired by CVS in 1997. Many former Hook's locations are now CVS Pharmacies. A restored 19th-century Hook's drug store stands at the Indiana State Fairgrounds , and is a popular attraction at the annual Indiana State Fair . It was originally built in 1849 and has been restored with authentic 19th century cabinets. In 2000, the great-grandchildren of John A. Hook opened Hook's Apothecary in Evansville, Indiana . The store specializes in compounding prescriptions. It has no corporate ties to CVS. After Hook's

1440-531: Was and is often still considered the "model" of a business recovering from bankruptcy. The chain closed many underperforming stores (including selling all stores west of the Mississippi River to the son of the then-current Rite Aid CEO), reduced costs, introduced computerized point-of-sale systems, and introduced a new store design to help increase sales. The chain shrank from about 2,200 stores to about 1,500 stores during this period. The hallmark of

1480-418: Was bailed out of bankruptcy by investor Sam Zell , in part to fend off separate takeover attempts by both Eckerd and Rite Aid . In 1990, 221 Midwest Revco stores were purchased by Reliable Drug, based in Cleveland, Ohio. The Michigan stores purchased by Reliable were sold almost immediately to Perry Drugs. Revco emerged from bankruptcy, as an independent company, in 1992. Revco's turnaround from bankruptcy

1520-446: Was changed in later years to begin and end at Cleveland State University . Many famous runners participated over the years, as "The Revco" became an Olympic qualifying event. After CVS bought Revco, the race became known as the "CVS Marathon and 10K" before CVS dropped its sponsorship in the early 2000s. The race was sponsored by Rite Aid until 2021, when Union Home Mortgage became the primary sponsor. Twinsburg, Ohio Twinsburg

1560-580: Was sold, the chain had over 2,500 stores. Revco, originally known as Registered Vitamin Company, was founded in 1956 in Detroit, Michigan, by Sidney Dworkin and Bernie Shulman . Dworkin led Revco until 1986 as CEO , and then he served as chairman until 1987. Up to 1983, Revco grew tremendously; the chain had over 2,200 stores and over $ 2.2 billion ($ 5.66 billion in 2023) in sales. The chain then began to stumble. In 1983, its vitamins were blamed for

1600-563: Was the only school building in Twinsburg until 1957, and was closed as a public school in 1992. The Twinsburg campus of Kent State Geauga occupied the "Old School" building until building a new facility in 2012. Supporters of the "Old School" have tried to have the building placed on the National Register of Historic Places, to prevent it from being torn down for redevelopment. The building has since been torn down. As of 2024,

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