Rite Aid and Albertson's planned merger cancelled - WSJ
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Breaking news on the WSJ
Rite Aid, Albertsons Call Off Merger
Deal had faced mounting concern from investors
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“The future for Rite Aid is now questionable,” Saunders said. “After the sell-off of stores to Walgreens, it lacks scale. Given that scale is now more critical than ever in the pharmacy and health market, it will no doubt be casting around for another entity with which it can combine.”
Here’s a link all can read, doesn’t require a WSJ subscription
https://money.cnn.com/2018/08/08/news/companies/albertsons-rite-aid/index.html
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Is there a way to tell which RiteAid store was sold to WAG?
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@cheerfuljam said in Rite Aid and Albertson's planned merger cancelled - WSJ:
Is there a way to tell which RiteAid store was sold to WAG?
When you shop at a store that is now a Wags there’s a sign on the front door that says “this store now has a Walgreens Pharmacy” and the receipts say Walgreens dba Rite Aid Store #xxxx
