Phar-Mor was a United States

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 chain of discount drug stores, based in Youngstown, Ohio

Youngstown, Ohio

Youngstown is a city in the U.S. state of Ohio and the county seat of Mahoning County; it also extends into Trumbull County. The municipality is situated on the Mahoning River, approximately southeast of Cleveland and northwest of Pittsburgh, Pennsylvania...

, and founded by Michael "Mickey" Monus

Michael I. Monus

Michael I. "Mickey" Monus is the former president of Phar-Mor, Inc., a defunct discount drug chain that established a strong national presence before declaring bankruptcy in the early 1990s. Accused of perpetrating a $350 million fraud and embezzlement scheme, Monus was fired from the company and...

 and David S. Shapira in 1982. Some of its stores used the names Pharmhouse and Rx Place (purchased in the mid-1990s from the F.W. Woolworth Company). Low prices were advertised to bring in a large volume of sales with the slogan "Phar-Mor power buying gives you Phar-Mor buying power". Another common slogan in their TV commercials was "Power buying saves: Save at Phar-Mor."

In 1996, the Green Bay, Wisconsin

Green Bay, Wisconsin

Green Bay is a city in and the county seat of Brown County in the U.S. state of Wisconsin, located at the head of Green Bay, a sub-basin of Lake Michigan, at the mouth of the Fox River. It has an elevation of above sea level and is located north of Milwaukee. As of the 2010 United States Census,...

-based regional discount store

Discount store

A discount store is a type of department store, which sells products at prices lower than those asked by traditional retail outlets. Most discount department stores offer a wide assortment of goods; others specialize in such merchandise as jewelry, electronic equipment, or electrical appliances...

 chain, ShopKo announced a plan to merge with Phar-Mor, but withdrew from the plan a year later, citing irreconcilable differences.
Phar-Mor's business model was based on selling a large quantity of merchandise with a very small profit margin.