London Drugs

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London Drugs
Company type Subsidiary
Industry Retail
Founded1945;79 years ago (1945)
FounderSam Bass
Headquarters Richmond, British Columbia
Area served
 Western Canada
Key people
 Brandt Louie, CEO and Chairman
ProductsElectronics, grocery, pharmaceuticals, health & beauty, photofinishing, insurance services, furniture, toys, optical, housewares, and tech services including Apple Authorized Service Provider.
OwnerH.Y. Louie Co.
Website www.londondrugs.com
Former London Drugs Store 85 in Abbotsford, British Columbia London Drugs Store 77.jpg
Former London Drugs Store 85 in Abbotsford, British Columbia
Former Photography section of London Drugs Store 85 in Abbotsford, BC London Drugs Store 77 - Cameras.jpg
Former Photography section of London Drugs Store 85 in Abbotsford, BC

London Drugs is a Canadian retail pharmacy chain based in Richmond, British Columbia. As of August 2024, the chain has 79 stores in Western Canada. [1] In addition to pharmacy services, London Drugs locations also sell electronics, housewares, cosmetics, and a limited selection of grocery items.

Contents

History

London Drugs was founded by Sam Bass in 1945 as a small drugstore at 800 Main Street in Vancouver, British Columbia. [2] Bass named his drugstore after the English city of London, the seat of the Canadian monarch. [3]

In 1968, London Drugs was sold to Daylin, Inc. The next year, Daylin ran into financial difficulties in the US branch of its business, and decided to put London Drugs up for sale. In 1976, the business was acquired by the H.Y. Louie Group under the direction of President Tong Louie. Louie was son of Zhongshan born Vancouver grocer Hok Yat Louie (1875-1934). [4]

Tong Louie expanded the company within BC and, for the first time, beyond the provincial border into Alberta with the first Edmonton location in 1976. In the next ten years, London Drugs tripled its number of stores.

During this growth, the company also began increasing the types of products available in stores. Small kitchen appliances, high end cosmetics and high quality photo equipment quickly became staple items lining the shelves.

In 1981, London Drugs expanded into another non-traditional drugstore category by installing its first One-Hour Photofinishing labs. The introduction of photofinishing labs into the store and the one-hour-photo revolution paved the way for London Drugs' introduction of a computer department in 1983.

In 2004, the St. Vital Shopping Centre in Winnipeg became the new home to London Drugs' first Manitoba store.

Today, London Drugs has stores in more than 35 major markets throughout British Columbia, Alberta, Saskatchewan, and Manitoba. According to their website, as of September 2019, they operate 82 stores. In addition to pharmacy, other major goods offered include cosmetics, small appliances, electronics, cameras and photo finishing, toys and food. London Drugs serves more than 45 million customers each year.

In January 2019, London Drugs acquired the Edmonton-based photography chain McBain Camera. [5]

From April 28–May 7, 2024, [6] [7] all London Drugs stores were closed due to a ransomware attack on the company's head offices. [8] [9] Critical data infrastructure was rebuilt and audited. Urgent pharmacy care remained available during the closures. [10] On May 21, 2024, the cybercriminal gang LockBit claimed responsibility for the attack, and threatened to release data within 48 hours if a ransom of $25 million is not paid. [9] London Drugs stated that that they are "unwilling and unable to pay ransom" to the parties involved." No customer or primary employee data was compromised. [8] On May 23, 2024, the company confirmed that data had been leaked by the hackers, and that affected employees were being offered identity theft protection services. [11]

Brands

London Drugs markets its own brand of products and services under the following labels:

NameType of Product
London DrugsHealth Products, Furniture, Home ware, Food
London NaturalsVitamins and Medicines
London HomeFurniture, Dinnerware
Certified Data [12] Computers
Tree FrogComputer Accessories
London PremiereCosmetic Products
London PlantationNuts
LD Insurance [13] Insurance Services
London Spa [14] Spa Services
CustomWorks [15] Entertainment System Installation
TLD Computers [16] IT Equipment and Services

Locations

Of the chain's 79 stores, 52 are located in British Columbia, 36 of which are located in the Lower Mainland. There are also 21 stores in Alberta, 5 in Saskatchewan, and 1 in Manitoba. [17]

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References

  1. ↑ "London Drugs: Store Locator". www.londondrugs.com. Retrieved September 16, 2019.
  2. ↑ "Sam Bass". Jewish Independent. Retrieved February 24, 2023.
  3. ↑ "The Story of London Drugs". London Drugs. London Drugs. Retrieved November 8, 2020.
  4. ↑ https://businesslaureatesbc.jabc.ca/laureate/hok-yat-louie/
  5. ↑ Cook, Dustin (January 12, 2019). "Edmonton's storied McBain Camera snapped up by London Drugs, will continue to operate independently". Edmonton Journal . Postmedia Network . Retrieved January 13, 2018.
  6. ↑ "All London Drugs stores in Western Canada reopen following cyberattack". Global News. Retrieved May 22, 2024.
  7. ↑ "'Cybersecurity incident' leads to closure of London Drugs stores in western Canada". Global News. Retrieved April 29, 2024.
  8. 1 2 "London Drugs hackers seek millions in ransom on claims of stolen employee data". Global News. Retrieved May 22, 2024.
  9. 1 2 "Cybercriminals threaten to leak London Drugs data if it doesn't pay $25M ransom". CTV News British Columbia. May 21, 2024. Retrieved May 22, 2024.
  10. ↑ "London Drugs reopens phone lines and Canada Post outlets". CBC News. Retrieved May 2, 2024.
  11. ↑ "Hackers release corporate data stolen from London Drugs, company says". CHAT News Today. The Canadian Press. Retrieved May 24, 2024.
  12. ↑ Certified Data
  13. ↑ LD Insurance
  14. ↑ "London Spa". londondrugs.com.
  15. ↑ CustomWorks
  16. ↑ TLD Computers
  17. ↑ https://www.londondrugs.com/all-store-locations/?context=storeLocator
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