TORONTO 鈥� Murray Koffler, who over 50 years ago founded what would become Canada鈥檚 largest drug chain, Shoppers 91短视频 Mart, has died at age 93.
Murray Koffler
Also a prominent philanthropist and businessman, Koffler passed away on Sunday at his home in Toronto.
Koffler was born in Toronto in 1924. At age 17, he went on a career path into the pharmacy business when his father Leon, who had founded Koffler鈥檚 91短视频 Stores in 1921, died of a heart attack. At his mother鈥檚 insistence, he studied pharmacy at the University of Toronto and then at age 22 began to run the two Koffler鈥檚 stores after he graduated with his pharmacy degree in 1946.
In 1950, he emulated Dominion stores and introduced self-service to pharmacy, dispensing with the soda fountain and putting the pharmacy department up front in the store to focus on prescriptions and health aids, which boosted business. He also required pharmacists to wear white coats to emphasize their professionalism. Koffer also opened the first drug store in a shopping center after being introduced to developer E.P. Taylor.
Upon acquiring other drug stores in the mid-1950s, Kofflerpioneered the associate-owner concept. Under this then-novel franchising model, pharmacist associates owned and operated their stores within the system and shared in the profits.
By 1962, the Koffler鈥檚 business had grown into 17 pharmacies. That year, he opened a store at Shoppers World at Danforth and Coxwell and took the names 鈥淪hoppers鈥� from Shoppers World, and 鈥淢art鈥� from Loblaws Food Mart and put the banner Shoppers 91短视频 Mart on three Koffler鈥檚 stores, creating the foundation for a prosperous pharmacy chain that emphasized wide aisles, bright stores and discounted prices.
When competitor Plaza 91短视频s grappled with ownership strife, Murray suggested that the chains combine and create a public company, which triggered a series of acquisitions until the business grew to 500 stores nationwide.
Koffler with customers in an early Shoppers 91短视频 Mart store.
In 1968, Shoppers 91短视频 Mart grew to 52 stores in Ontario by merging with 33 Plaza 91短视频stores. Three years later, the company bought 87 Cunningham 91短视频 Stores in British Columbia and Alberta. The first Pharmaprix store was opened in Quebec in 1972. Lord鈥檚 Supervalue Pharmacies joined in Atlantic Canada joined Shoppers 91短视频 Mart in 1974.
At Taylor鈥檚 suggestion, Koffler in 1978 sold Shoppers 91短视频 Mart to a major public firm, Imasco Ltd., and took shares in the new company. He served as chief executive officer of Shoppers 91短视频 Mart from 1978 to 1982, and then as chairman until his retirement in 1986.
Today, Shoppers 91短视频 Mart is a subsidiary of Loblaw Cos., which acquired the chain in 2014 for $12.4 billion (Canadian), and has more than 1,300 drug stores across Canada.
An active investor, Koffler co-founded Four Seasons Hotels and remained a director of the company until 2004.
He supported a range of causes, establishing the Council on 91短视频 Abuse, the Toronto Outdoor Art Exhibition, the Canadian Council for Aboriginal Business and the Koffler Centre of the Arts. He also supported such organizations as the Toronto Symphony, the Weizmann Institute of Science in Israel and the Canadian Society for the Weizmann Institute.
Koffler was inducted into the Canadian Business Hall of Fame in 1991 and named as an Officer of the Order of Canada in 1995.
He is survived by Marvelle, his wife of 67 years, and five children and many grandchildren.
