Fay's Drugs
Encyclopedia
Fay's Drug was a chain of drug stores that was founded in 1958 in Fairmount, New York
. At its height, Fay's Drugs operated its core business, along with Wheels Discount Auto and The Paper Cutter Books and Office and Party Supply.
In 1958, the first Fay's Drug Store was opened in Fairmount, New York
by Henry A. Panasci, Jr. and his father Henry Panasci Sr. The store was named after Faye Panasci (the 'e' was left off the original sign to save money).
Fay's steadily grew in Central New York
-- the resulting Fay's Drugs Company, Inc. was incorporated on October 20, 1966 and Fay's Drugs opened its headquarters in Syracuse, New York
with the bulk of its operations residing in Liverpool, New York
. At its peak there were over 300 stores operating in New York and Northeast Pennsylvania. Fay's enjoyed #1 market share in Buffalo, Rochester, Syracuse and Albany.
. JCPenney merged its drug operations into Eckerd
in 1997. Many of the original Fay's Drugs locations that have not been closed in favor of stand-alone Eckerd stores (many now Rite Aid
locations) still feature the familiar Fay's aisle and pharmacy formats that served as models for drug chains nationwide.
Fairmount, New York
Fairmount is a hamlet in Onondaga County, New York, United States. The Fairmount area was originally part of the New York State Salt Reservation, but was annexed to the Town of Camillus in 1834. Prior to that date, census enumerations for Fairmount were included in the Town of Onondaga census...
. At its height, Fay's Drugs operated its core business, along with Wheels Discount Auto and The Paper Cutter Books and Office and Party Supply.
Beginning
Fairmount, New York
Fairmount is a hamlet in Onondaga County, New York, United States. The Fairmount area was originally part of the New York State Salt Reservation, but was annexed to the Town of Camillus in 1834. Prior to that date, census enumerations for Fairmount were included in the Town of Onondaga census...
by Henry A. Panasci, Jr. and his father Henry Panasci Sr. The store was named after Faye Panasci (the 'e' was left off the original sign to save money).
Fay's steadily grew in Central New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
-- the resulting Fay's Drugs Company, Inc. was incorporated on October 20, 1966 and Fay's Drugs opened its headquarters in Syracuse, New York
Syracuse, New York
Syracuse is a city in and the county seat of Onondaga County, New York, United States, the largest U.S. city with the name "Syracuse", and the fifth most populous city in the state. At the 2010 census, the city population was 145,170, and its metropolitan area had a population of 742,603...
with the bulk of its operations residing in Liverpool, New York
Liverpool, New York
Liverpool is a village located in Onondaga County, New York, United States. The population was 2,505 at the 2000 census. The name was adopted from the city of Liverpool in the United Kingdom...
. At its peak there were over 300 stores operating in New York and Northeast Pennsylvania. Fay's enjoyed #1 market share in Buffalo, Rochester, Syracuse and Albany.
JCPenney
In 1996, Fay's Drugs was sold to JCPenneyJ.C. Penney
J. C. Penney Company, Inc. is a chain of American mid-range department stores based in Plano, Texas, a suburb north of Dallas. The company operates 1,107 department stores in all 50 U.S. states and Puerto Rico. JCPenney also operates catalog sales merchant offices nationwide in many...
. JCPenney merged its drug operations into Eckerd
Eckerd
Eckerd Corporation was an American drug store chain that was headquartered in Largo, Florida, and toward the end of its life, in Warwick, Rhode Island....
in 1997. Many of the original Fay's Drugs locations that have not been closed in favor of stand-alone Eckerd stores (many now Rite Aid
Rite Aid
Rite Aid is a drugstore chain in the United States and a Fortune 500 company headquartered in East Pennsboro Township, Pennsylvania, near Camp Hill. Rite Aid is the largest drugstore chain on the East Coast and the third largest drugstore chain in the U.S....
locations) still feature the familiar Fay's aisle and pharmacy formats that served as models for drug chains nationwide.