Mass Market Retailers. The Global Newspaper for Supermarket, Drug, Discount Chains
Mass Market Retailers. The Global Newspaper for Supermarket, Drug, Discount Chains
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NEW YORK — Walgreens Boots Alliance (WBA) is still negotiating with the Federal Trade Commission to gain antitrust clearance for its $17 billion deal to acquire Rite Aid Corp., WBA executive vice chairman and chief executive officer Stefano Pessina said...
Memphis-based Fred’s Inc. (NASDAQ: FRED) made major headlines in December when it announced it would acquire 865 Rite Aid stores. That $950 million cash deal with Walgreens Boots Alliance Inc. (NASDAQ: WBA) and Rite Aid Corp. (NYSE: RAD) is awaiting...
REUTERS: Drugstore chain Walgreens Boots Alliance Inc said its deal to buy smaller rival Rite Aid Corp would now take six months longer to close and reduced its offer price, as it expects to divest more stores to gain regulatory approval. Rite Aid shares...
What to do, what to do, when you’re merging and want to be the biggest without being too big? Divest, of course. And that’s where Rite-Aid finds itself today: in order to sell itself to Walgreens and allow their onetime-competitor to become the biggest...
DATATRAC Personnel Updates • Diplomat Pharmacy has announced Paul Urick as the company’s new President. Mergers and Acquisitions • Walgreens Boots Alliance and Rite Aid Corp. announced that they have mutually agreed to extend the end date of their...
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MMR: Mass Market Retailers - The Global Newspaper for Supermarket, Drug, Discount Chains
The Global Newspaper for Supermarket, Drug, Discount Chains
Target tabs Mark Tritton as chief merchant - MMR: Mass Market Retailers
MINNEAPOLIS — Target Corp. announced on Tuesday that Mark Tritton is joining the company as executive vice president and chief merchandising officer. Tritton will oversee enterprise buying, product de...
Walmart to close 269 stores, including 154 in U.S. - MMR: Mass Market Retailers
BENTONVILLE, Ark. — Walmart on Friday announced plans to close 269 stores worldwide, including all 102 of its small-format Walmart Express stores in the United States. The company said the move is a r...
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