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Walgreens-Rite Aid Merger Still On Track, CEO Says Only 500 Stores Would Close

Walgreens and Rite Aid are the biggest and third-biggest pharmacy drugstore in this country, and they want to join forces to become a pharma-Voltron. The companies are waiting for regulatory approval, but the CEO of Walgreens Boots Alliance told shareholders today that the deal will probably go through by the end of 2016, and that it will result in the closing of only about 500 stores. [More]

Mike Mozart

Report: The FTC Is Probably Cool With The Walgreens-Rite Aid Merger

A few months ago, the shareholders of #3 U.S. drugstore chain Rite Aid approved the company’s proposed acquisition by the parent company of the #1 chain, Walgreens Boots Alliance. Now reports indicate that the Federal Trade Commission may give the merger its blessing, as long as certain conditions are met. [More]

Rite Aid Shareholders Vote To Approve $9.4B Merger With Walgreens

Rite Aid Shareholders Vote To Approve $9.4B Merger With Walgreens

Walgreens’ path to bring Ride Aid under its wing passed one hurdle on Thursday, as shareholders for the latter chain of drug stores approved a $9.4 billion merger plan.  [More]

Rite Aid Will Deploy Thousands Of Beacons To Beam Deals At Shoppers

Rite Aid Will Deploy Thousands Of Beacons To Beam Deals At Shoppers

In-store beacons are low-power Bluetooth devices that let stores or brands push promotions out to customers smartphones. They only work when the shopper has opted in by installing an app. Do you really want your favorite shampoo brand beaming coupons at you every time you walk by a shelf? They haven’t really caught on, but Rite Aid is deploying them in 4,500 stores. [More]

(frankieleon)

Nine Retailers Recall Store-Branded Children’s Cold Medicine Over Overdose Risks

Nine retailers, including CVS and Rite Aid, have recalled two flavors of store-branded children’s liquid cold medicine over a potential overdose risk.

[More]

If Walgreens And Rite Aid Merge, Thousands Of Stores Might Close

If Walgreens And Rite Aid Merge, Thousands Of Stores Might Close

Last week, Walgreens Boots Alliance, the parent company of this country’s top drugstore chain, announced that pending antitrust approval, it would buy the #3 chain, Rite Aid, for $9.4 billion. That would create two massive national drugstore chains, and also leave a lot of empty stores. One estimate is that 3,000 stores would close… not necessarily for antitrust reasons, but because the stores are simply too close together. [More]

Walgreens To Buy Rite Aid For $9.4B

Walgreens To Buy Rite Aid For $9.4B

Just hours after rumors began swirling that a proposal was in the works, Walgreens Boots Alliance – the holding company that owns Walgreens Co. and Boots pharmacies in Europe – officially dropped to one knee offering Rite Aid $9.4 billion to live happily ever drug store after.  [More]

Report: Walgreens Boots Alliance Discussing Deal To Buy Rite Aid

Report: Walgreens Boots Alliance Discussing Deal To Buy Rite Aid

Walgreens Boots Alliance — the holding company that owns Walgreen Co. and Boots pharmacies in Europe — is reportedly looking to expand its portfolio of drug stores by adding Rite Aid into the mix.

[More]

Costco’s Online Photo Services Back Up After Breach, Customers’ Cards May Have Been Compromised

Costco’s Online Photo Services Back Up After Breach, Customers’ Cards May Have Been Compromised

If you like viewing and ordering prints of your digital photos from the comfort of your own home and then traipsing to the local Costco to pick up your memories, then we’ve got good news: Costco has finally relaunched its online photo services website after taking the site down upon discovering a breach in July. But there’s also a bit of bad news: some customers’ credit card information may have been captured in the year-long hack. [More]

Costco Pushes Back Relaunch Of Online Photo Services Another Month Following July Hack

Costco Pushes Back Relaunch Of Online Photo Services Another Month Following July Hack

Fans of Costco’s photo services will likely be waiting another month before they are able to order pictures though its website, as the company that manages the site continues to recover from a July breach. [More]

(Jeepers Media)

Rite Aid Changes Its Tune, Will Now Accept Apple Pay

In a reversal from its sudden decision in October last year to stop accepting Apple Pay at its stores after just a week of offering that option to shoppers, Rite Aid has announced it’s going back, and will allow it as a form of payment starting Aug. 15.

[More]

Costco, along with Rite Aid, Tesco's and Sam's Club, have suspended their photo center websites after a third-party vendor announced it was investigating a possible data breach.

Costco, Three Other Retailers Suspend Photo Sites After Third-Party Host Suffers Possible Breach

Less than a week after CVS took down its CVSphoto.com site while it investigates a possible credit card breach, at least four other retailers including Costco and Sam’s Club have suspended online photo services following notification by the company that manages or hosts photo services for the sites of a possible data breach. [More]

(Images Money)

American Express Partners With Macy’s, Exxon Mobil & Others For Coalition Loyalty Program

Forget about Costco, American Express seems to have moved on from being dumped by the warehouse club, announcing its partnership with a plethora of retailers and companies for a new venture: a coalition loyalty program. [More]

Rite Aid Settles Whistleblower Lawsuit Claiming It Used Gift Cards To Lure Pharmacy Customers

(Pedestrian Photographer)

The feds say they’ve settled a lawsuit against pharmacy chain Rite Aid filed by a whistleblower who claimed the company used gift cards to lure Medicare and Medicaid beneficiaries to switch their prescriptIons in a bid to gain business.

[More]

(zipsonic)

Why Did CVS & Rite-Aid Stop Taking Apple Pay?

After nearly a week of accepting payment via the recently launched Apple Pay system, both CVS and Rite-Aid suddenly stopped offering this option to shoppers over the weekend. And neither retailer is giving a reason why, though it appears to be part of a retail-industry effort to eventually roll out its own payment system. [More]

(KGW.com)

Lone Bear Cub Seals His Fate To Forever Live Among Humans After Strolling Through Rite Aid

Listen, denizens of the animal kingdom: I know it looks like we humans have got it made, what with large roofed structures filled with food and other sundries a wild creature might want to get into. But beware, little bears, because once you stroll through a Rite Aid, you can never go back to the wild. [More]

(Consumerist Dot Com)

Police Arrest Rite Aid Customer Because Shooting Up Heroin At The Pharmacy Isn’t Okay

Sure, waiting in line at the pharmacy can feel like a test of one’s patience during what feels like an insufferable amount of time. But while I’m not sure shooting up with heroin while you’re there makes the line go any faster, I do know it’ll get you kicked out of the pharmacy pretty darn quick, no matter how long you’ve been waiting. [More]

(Consumerist Dot Com)

Physicians Say Rite Aid’s Early Alzheimer’s Detection Test Can Cause Needless Fear

A test being used at Rite Aid stores to test for early warning signs of Alzheimer’s may be doing more harm than good, some medical professionals say. [More]