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Dart Drug



Dart Drug is a now-defunct chain of discount drug stores in the metropolitan Washington, DC region. It was founded in 1955, by Herbert Haft and his wife Gloria in Adams Morgan. The chain expanded to over 100 stores, and became a vehicle (as Dart Group) by which Herbert Haft engaged in greenmail activities against other public companies. It spun off Trak Auto and Crown Books. Dart Drug was sold to a management group in 1984, bought by Bud Fantle in 1987 and renamed Fantle's, entered bankruptcy in 1989, and was eventually dissolved in 1990. The leases for Fantle's stores were acquired by competitors.

Dart Group remained a viable company that was involved in a vicious family feud (see Herbert Haft for details).


 
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Dart_Drug". A list of authors is available in Wikipedia.
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