How are things going with Walgreens and Rite Aid, who are still working on their planned merger to become the largest drugstore chain in the United States? In its annual report, Rite Aid reports that the merger is on track, and consumers can expect to have fewer drugstore choices soon, as around 3,300 Rite Aid stores change to Walgreens or close. [More]
divestment
Rite Aid: Walgreens Merger Is On Track, Fred’s Buying At Least 1,200 Stores
By 5.4.17 — Updated: 5.9.17
Report: Kroger Isn’t Interested In Buying A Few Hundred Walgreens Stores
By 10.19.16
If you know anyone who’s interested in buying around 650 grocery stores, Walgreens and Rite Aid would like to hear about it. The two drugstore chains need to find a buyer for between 500 and 1,000 stores to get their merger approved by the Federal Trade Commission, and no one is interested. [More]
