On September 10, 2013, Walgreens announced its purchase of Kerr.
In 1996, when JCPenney attempted to purchase Eckerd Drug, the FTC forced JCPenney to divest itself of 34 former Kerr Drug stores and 130 Rite Aid stores.
These stores were ultimately purchased by a group led by former Thrift Drug executives led by Anthony Civello who became Kerr Drug's President & CEO who left the JC Penney organization following the Eckerd acquisition.
In 2013, Walgreens purchased the remaining Kerr Drug stores and its distribution center.
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