rite aid

C-Store Chain Casey’s Selects RELEX to Optimize Space Plans and Supply Chain

by Katie Lee May 19, 2023

Atlanta — Casey’s General Stores, Inc., a leading convenience store chain in the United States, will partner with RELEX Solutions to implement a unified space planning and supply chain solution. RELEX will service Casey’s 2,400+ stores and support the company’s growth plans. RELEX’s space planning and supply chain solutions will help reduce the volume of manual work and improve order accuracy on a store-by-store basis. For example, RELEX will enable Casey’s space planning team to utilize logic in a framework of business rules, which the solution will use to help …

May 19, 2023

News retailers

Rite Aid, Albertsons Terminate $24 Billion Merger

by Katie Lee August 16, 2018

Camp Hill, Pa., and Boise, Idaho — Rite Aid Corp. has called off its previously announced merger with Boise, Idaho-based grocery chain Albertsons Cos. The integrated company would have operated about 4,900 locations, 4,350 pharmacy counters and 320 clinics across 38 states and Washington, D.C.

August 16, 2018

News retailers

Albertsons to Buy Rite Aid

by Katie Lee February 21, 2018

Boise, Idaho — Boise, Idaho-based grocery chain Albertsons Cos. has agreed to acquire Rite Aid Corp., one of the nation’s largest drugstore chains, for an undisclosed sum. The integrated company will operate about 4,900 locations, 4,350 pharmacy counters, and 320 clinics across 38 states and Washington, D.C., serving more than 40 million customers per week.

February 21, 2018

News retailers

Walgreens To Shutter 600 Stores as Part of $4.38 Billion Rite Aid Acquisition

by Katie Lee October 26, 2017

Deerfield, Ill. — Walgreens Boots Alliance Inc., a global pharmacy-led enterprise comprising brands such as Walgreens and Duane Reade, plans to shutter 600 of its stores as part of its $4.38 billion purchase of rival Rite Aid Corp.

October 26, 2017

News people retailers

GNC Names Permanent CEO

by Katie Lee September 7, 2017

Pittsburgh — The board of directors of GNC Holdings, Inc., a leading global specialty retailer of health and wellness products, has appointed Ken Martindale as its permanent chief executive officer. Martindale succeeds interim CEO Bob Moran, who has been elected non-executive chairman of the GNC board.

September 7, 2017

News retailers

Walgreens, Rite Aid Call Off Merger Agreement, Announce $5.2 Billion Portfolio Sale

by Katie Lee July 5, 2017

Deerfield, Ill. — The merger between Walgreens Boots Alliance Inc. and Rite Aid Corp. has been terminated. Instead, Walgreens will purchase 2,186 stores and three distribution centers from Rite Aid for $5.2 billion.

July 5, 2017

News retailers

Walgreens Boots Alliance and Rite Aid To Sell 865 Rite Aid Stores to Fred’s Pharmacy

by Katie Lee January 3, 2017

Deerfield, Ill., and Camp Hill, Pa. — Walgreens Boots Alliance, Inc. and Rite Aid Corporation have agreed to sell 865 Rite Aid stores and certain assets related to store operations to Fred’s, Inc. for $950 million. The all-cash transaction is subject to Federal Trade Commission (FTC) approval, the approval and completion of the pending acquisition of Rite Aid by Walgreens Boots Alliance, and other customary closing conditions.

January 3, 2017

News retailers

Walgreens Buying Rite Aid For $17.2 Billion

by Katie Lee October 28, 2015

New York City — Walgreens is buying Rite Aid for approximately $9.41 billion in cash, creating a drugstore giant with nearly 18,000 stores around the world. The deal combines the largest and third-largest U.S. drugstore chains, based on store counts.

October 28, 2015