Shoppers Drug Mart commences demolition of Cromdale Hotel to make way for new store

EDMONTON, July 24, 2012 /CNW/ - Shoppers Drug Mart will commence the demolition of the former Cromdale Hotel in Edmonton this week in preparation for plans to construct a new store on the property. It is expected that the demolition will take just over a month and that construction of the new store will begin in September 2012.

"Through the revitalization of communities and support of urban development projects, we continue to ensure we remain one of the top urban economies in the country," said Mayor Stephen Mandel. "To that end, we are pleased that Shoppers Drug Mart has chosen to invest in its real estate network in the City of Edmonton."

The new 10,500 square foot store will be a relocation of the current Shoppers Drug Mart store located just down the street at 9452 118^th Avenue, and is expected to open in spring 2013.

"The construction of this new Shoppers Drug Mart location is a great investment into the health care services and retail offering for our Ward," says Tony Caterina, City of Edmonton, Ward 7 Councillor. "This is another great step in our plans to rejuvenate 118^th Avenue and to provide better amenities and services for our residents."

"On behalf of Shoppers Drug Mart, I want to thank Mayor, Stephen Mandel and City Councillor, Tony Caterina, as well as City Administration for their support," said Loreen Paananen, Executive Vice-President, Network Development, Shoppers Drug Mart. "Throughout the entire approval process, we were very appreciative of the assistance and guidance that these individuals provided us and without their support we would not have seen this project come to fruition."

As an integral part of the community, the Shoppers Drug Mart store and staff look forward to continuing to servicing the health and wellness needs of residents, as well as providing its core offering of pharmacy, beauty and convenience all at an enhanced experience.  The new store will feature a cosmetics department, where customers will find new and exciting cosmetic brands, a convenience food & beverage section including a larger assortment of everyday food items including milk, eggs and bread, along with the popular Simply Food line. In addition, the store will also feature a pharmacy area with innovative tools and services to help customers and patients manage their health.

"We are very excited for this planned relocation and are looking forward to better serving our patients and customers in this new location," says Todd Small, Vice President, Operations, Western Canada, Shoppers Drug Mart.

About Shoppers Drug Mart Corporation

Shoppers Drug Mart Corporation is one of the most recognized and trusted names in Canadian retailing.  The Company is the licensor of full-service retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in Québec).  With more than 1, 215 Shoppers Drug Mart and Pharmaprix stores operating in prime locations in each province and two territories, the Company is one of the most convenient retailers in Canada.  The Company also licenses or owns more than 56 medical clinic pharmacies operating under the name Shoppers Simply Pharmacy (Pharmaprix Simplement Santé in Québec) and six luxury beauty destinations operating as Murale.  As well, the Company also owns and operates 63 Shoppers Home Health Care stores, making it the largest Canadian retailer of home health care products and services.  In addition to its retail store network, the Company owns Shoppers Drug Mart Specialty Health Network Inc., a provider of specialty drug distribution, pharmacy and comprehensive patient support services, and MediSystem Technologies Inc., a provider of pharmaceutical products and services to long-term care facilities.

For more information, visit www.shoppersdrugmart.ca.

SOURCE: Shoppers Drug Mart Corporation

Tammy Smitham
Director, Communications & Corporate Affairs
Tel: [phone]
Email: [email protected]