The biggest news this week stems from the Albertsons/Rite Aid merger. After the Walgreens merger fell through back in September, 2017, this is big news for the grocery giant.
A merger of this size, “The integrated company will operate approximately 4,900 locations, 4,350 pharmacy counters and 320 clinics across 38 states and Washington, D.C., and service more than 40 million customers per week.”, will surely be a game changer for both the pharmacy and grocery industries. This deal is expected to deliver in Q3 or Q4 of 2018.
Below are a few articles that I found interesting this week both locally and on a national scale:
What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.
Some of these articles may only be available for a limited time and may require registration to view. Marcus & Millichap and Tim Lepore are not affiliated with these organizations.