Albertsons, the US grocery retailer, has announced that it has reached an agreement to merge with Rite Aid, a leading pharmacy chain, in a cash and stock deal. Rite Aid shareholders will own a 28 to 29.6% stake in the combined company, whilst current Albertsons shareholders will own a stake from 70.4 percent to 72 percent in the combined company, upon the closure of the merger. “The combination will provide …
Loading tweets...
Albertsons
Albertsons, the US grocery retailer, has announced the opening of a new store concept called Market Street Idaho, to be launched in two locations in the Boise, ID area. According to the company, the new banner will introduce a unique shopping and culinary experience for foodies, inviting customers to “Eat Life Up”. Susan Morris, EVP and chief operations officer of Albertsons Companies, said: “Market Street Idaho was created by a …
Copyright © 2020. Gama. All rights reserved. Privacy Policy | Legal Notice
Albertsons Archives - Gama