Rite Aid

Walgreens To Close Nearly 600 Stores Following Rite Aid Purchase

Following its purchase of more than 1,900 Rite Aid stores in September 2017, Walgreens will shutter nearly 600 locations. Most of the…

GNC Picks Rite Aid Chief To Fill CEO Slot

GNC Holdings has selected Ken Martindale as its new CEO, succeeding interim CEO Bob Moran. The GNC board selected Moran as its non-executive…

Walgreens Calls Off Rite Aid Acquisition, Offers New $5.2B Deal To Buy 2,000+ Stores

After 15 months of negotiations, Walgreens Boots Alliance has given up on the deal to buy drugstore rival Rite Aid. Instead, Walgreens’…

Regulatory Caution Keeps Walgreens-Rite Aid Merger On Thin Ice

Those looking forward to the anticipated Walgreens–Rite Aid merger may need to hold the phone; the Federal Trade Commission (FTC) is reportedly…

Fred’s Pharmacy To Buy 865 Rite Aid Stores For $950 Million

In a move that may speed up the long-planned $17.2 billion acquisition of Rite Aid by Walgreens Boots Alliance, Fred’s Pharmacy has…

Walgreens-Rite Aid Merger: Just Delayed Or Defunct?

As it struggles to sell off between 500 and 1,000 of its drugstores in an effort to satisfy antitrust regulators, Walgreens has…

Walgreens May Have To Sell Up To 1,000 Stores To Complete Rite Aid Deal

Walgreens Boots Alliance, the parent company of Walgreens, may have to divest between 500 and 1,000 of its stores in order to…

Target And CVS Vs. Walgreens And Rite Aid: Drugstore Wars Heat Up

Target has begun converting its in-store pharmacies and health clinics to CVS/pharmacy centers and MinuteClinics, furthering the pharmacy’s footprint expansion, which will…

Walgreens Willing To Divest 1,000 Stores To Complete Rite Aid Deal

Walgreens Boots Alliance is willing to divest as many as 1,000 stores to win regulatory approval of its $17.2 billion bid to…

Walgreens To Buy Rite Aid For $17.2 Billion

Walgreens Boots Alliance, already a global presence with more than 13,000 stores in 25 countries, will grow even larger with its purchase…

Walgreens Inches Closer To Deal To Buy Rite Aid

Walgreens Boots Alliance is in “advanced talks” to buy rival drugstore Rite Aid in a deal that may be valued as high…

A&P Sells Pharmacy Assets, Inventory To Rite Aid For $8.1 Million

Great Atlantic & Pacific Tea Co. (A&P) received approval from a U.S. bankruptcy court to sell pharmacy assets and inventory from 12…

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