Rite Aid and Albertsons say their future as a combined company includes ample space in Albertsons’ many grocery stores to expand health and wellness including Rite Aid’s RediClinics.
Through any lens, life at 3 a.m. can be pretty grainy, but that’s also when human determination can be in razor sharp focus.
Fred’s Inc. said CVS Health is buying its specialty pharmacy business EntrustRx for $40 million amid the retailer’s effort to execute a financial turnaround.
Fred’s plans to sell its specialty pharmacy business should get plenty of interest from bidders given rampant consolidation among retail drugstore chains.
A year after failing to buy hundreds of Rite Aids, Fred’s is evaluating options for its own retail pharmacy portfolio and “actively pursuing a sale” of its specialty pharmacy business.