Value Drug Mart Associates Ltd.
TypeIndependent Pharmacy
IndustryPharmacy Retail
FoundedAlberta (1978)
Area served
Alberta & British Columbia
ProductsMedication Food Body Hygiene Products
WebsiteValue Drug Mart

Value Drug Mart is a Western Canada drug store serving over 36 locations throughout Alberta and British Columbia.

History

What is now known as Value Drug Mart Associates Ltd. was founded by pharmacist Barry Katz (whose son Daryl Katz would go on to found Canada's largest chain of pharmacies, the Katz Group of Companies)[1] and twelve other pharmacists in 1978.[2]

Since 1983, VDMA has been the sole sponsor of the annual Value Drug Mart Spring Classic hockey tournament that takes place in Calgary, Alberta. The tournament is a weekend-long competition of ice hockey teams from across the province of Alberta.[3]

Products

In addition to prescription drugs, lottery tickets, snack foods, soda, magazines, movies, books, fragrances, gift ware, and stationery are all sold in most locations. A post office is usually within some stores.

Locations

Value Drug Mart operates over 35 locations in the provinces of Alberta and British Columbia.[4] It is not a franchise; rather, the different locations own VDMA as shareholders.[5]

Alberta

British Columbia

References

  1. ↑ Archives Canada: "Daryl Katz collection" Archived 2013-11-11 at the Wayback Machine retrieved March 9, 2013
  2. ↑ Value Drug Mart- About Us
  3. ↑ 25th Annual Value Drug Mart Spring Classic archived copy, Calgary.ca, April 4, 2008. Accessed September 18, 2009.
  4. ↑ Value Drug Mart- Locations
  5. ↑ MacDonald, Jeffrey. Value Drug Mart, American Executive, April 30, 2007. Accessed September 18, 2008.
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