February 21, 2018

Albertsons & Rite Aid to Merge

Albertsons and Rite Aid have come to an agreement on a $24 billion merger deal, creating a combined company which will operate approximately 4,900 locations across 38 states. Expected to close in the second half of this year, one motivation behind the move may be to create a better defense against growing e-commerce competition. To see more potential benefits of the merger, check out the full article from Chain Store Age by following the below link.


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