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Monday, June 05, 2006

delawareonline | The News Journal | Happy Harry's, Walgreen Co. announce merger
Happy Harry's, a Delaware-based regional drugstore chain, has agreed to a merger with Walgreen Co., the nation's largest drugstore company, the companies announced today.
"My father would be proud of the accomplishments we've made and very pleased with today's announcement," said [Happy Harry's chairman and CEO Alan] Levin, who will continue working with Walgreens.
Frank Grilli, Walgreens vice president of store operations, said the company plans for the time being to keep the name and look of the Happy Harry's stores, with the exception of eight stores in Pennsylvania, which will switch to the Walgreens name because of its stronger branding there.
This is sad. Another local Delaware corporation bites the dust.

I obviously didn't know the founder, but I kind of wonder if he would have been happy about this sale. Delawareans tend to have pride in their local companies and I think he would have liked the chain to remain independent. I know I would have.

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