Last week’s news that privately held Albertsons Companies, one of the nation’s largest grocery retailers, would merge with publicly traded Rite Aid Corporation, one of the country’s leading drugstore chains, will have a major impact on Rite Aid’s future.
Ashley Flower, Senior Manager of Public Relations at Rite Aid, told Loyalty360 that the deal provides a “transformative opportunity” for Rite Aid.
“It takes us from being a strong regional pharmacy player and combines us with the....