National Headlines

FORBES | Rite Aid-Albertsons Comeback Hinges On Narrow Pharmacy Networks

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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 their deal, which faces an Aug. 9 vote of Rite Aid shareholders.



Categories: National Headlines