Grocery retailer Albertsons to buy drugstore chain Rite Aid

Posted on | February 20, 2018 Written by Tory N. Parrish View Original Article Here     The owner of Safeway and other grocery brands is buying the drugstore chain Rite Aid as retailers continue to plunge deeper into health care and adjust to swiftly changing shopping habits.   Albertsons … [Read more...]

Walgreens, Rite Aid Call Off Merger, Forge Acquisition Deal

Published on | June 29, 2017 Written by Paul Bubny View Original Article Here     Nearly 2,200 Rite Aid locations will make the transition to the Walgreens brand, with the stores coming into the Walgreens Boots Alliance fold on a phased basis.   DEERFIELD, IL—Walgreens Boots Alliance Inc. and Rite Aid … [Read more...]

CVS and Walgreens Completely Dominating the U.S. Drugstore Industry

Posted on Business Insider | July 29, 2015 Written by Corey Stern View Article Here   The days of filling your prescription at your local mom-and-pop pharmacy are almost gone.   Today, two chains — CVS and Walgreens — together control at least half the drugstore market share in almost every major US city.   In a … [Read more...]