2001-03-29 · news coverage
PlanetRx board approved liquidation plan
Computerworld reported that PlanetRx.com's board approved a plan to liquidate the company's assets, including its Memphis distribution center, after attempts to pivot from general online retail pharmacy to specialty drugs.
Archive note
Summary only; original article remains with Computerworld. Republished to document the historical endpoint of the original PlanetRx business.
Primary source: Computerworld
Key historical points
- The board concluded liquidation was the best option to preserve remaining shareholder value.
- PlanetRx had previously closed its online retail store and referred consumers to Drugstore.com.
- The company had explored a specialty-drug focus for cancer, HIV, and transplant medications before liquidation.
Legacy URL recovery
These old PlanetRx URLs should route here or to closely related archive pages:
- /press/20010329_liquidation.html