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Rite Aid-Albertsons Comeback Hinges On Narrow Pharmacy Networks [Forbes]

Rite Aid Corp (RAD)  More Company Research Source: Forbes
Last rite aid corp earnings: 9/27 07:00 am Check Earnings Report
US:NYSE Investor Relations: riteaid.com/corporate/investor-relations
PDF Bruce Japsen Contributor i Jul 19, 2018, 07:40am #Healthcare Tweet This A sign is posted on the exterior of a Rite Aid store at the Fairmont Center on February 20, 2018 in Pacifica, California. Grocery chain Albertsons will acquire Rite Aid in a cash and stock deal set for a vote of Rite Aid shareholders on Aug. 9, 2018. (Photo by Justin Sullivan/Getty Images) An Albertsons plan to create narrow pharmacy networks with the addition of Rite Aid could limit customer choices to their stores, but may help the larger retailer in the competitive U.S. prescription business. Albertsons disclosed plans to escalate the narrow pharmacy network strategy as the grocery store chain readies for battle against larger rivals including CVS Health, Walgreens Boots Alliance and Walmart. Albertsons and Rite Aid are talking up the potential of their merger amid opposition of some Rite Aid shareholders to  [Read more]

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