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Phar-Mor. 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 ...
May 14, 2021 · Unfortunately for Phar-Mor, by this time the big-box stores like Walmart and Target decided to add pharmacies, which proved the business’ long-term undoing. And after multiple rounds of bankruptcy, the company eventually faltered in 2002, about two decades after it came to life. It didn’t save Youngstown.
FRONTLINE tells the story of Phar-Mor’s rapid rise and stunning fall and reveals how, for five years, the company’s top executives were able to hide a $500 million shortfall from the company ...
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Company History: Phar-Mor Inc. is one of the top ten deep discount drug store chains in the United States. The company rose to national prominence when, just seven years after it was founded, it catapulted to leadership of the deep discount drug retail segment. At its most prosperous, the chain boasted more than 300 locations in 34 states.
In this episode of The Great Fail, we are joined by professor Kelly Richmond Pope of DePaul University, a forensic accounting expert with a specialty in corporate crime, to explain how an accident ...
Nov 8, 1994 · Originally aired November 8, 1994.
- 52 min
- 16.9K
- Peter Boyer
Sep 20, 1993 · Phar-Mor, based in Youngstown, Ohio, was a wunderkind of discount stores, attracting shoppers not only for low drug prices but also for low prices on shampoo, toothpaste and other household products.
