Walgreens to close 600 stores mostly from Rite Aid

[pezdispenser]

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Walgreens to shutter 600 stores as part of Rite Aid deal

Walgreens plans to close about 600 drugstores as it completes a $4.38 billion deal to buy nearly 2,000 from rival Rite Aid.

Company spokesman Michael Polzin said Wednesday that most of the closings will be Rite Aid stores, and the vast majority will be within a mile of another store in the Walgreens network.

Walgreens isn't saying which stores will close.

 

[WVUPharm2007]

shew

 

[CetiAlphaFive]

Walgreens to shutter 600 stores as part of Rite Aid deal

Walgreens plans to close about 600 drugstores as it completes a $4.38 billion deal to buy nearly 2,000 from rival Rite Aid.

Company spokesman Michael Polzin said Wednesday that most of the closings will be Rite Aid stores, and the vast majority will be within a mile of another store in the Walgreens network.

Walgreens isn't saying which stores will close.

In essence, if you work at a Rite Aid within walking distance of Walgreens, start polishing your resume

 

[Pharmer1921]

BLS says demand will increase in the next 10 years, they are right on projections!

 

[pharm B]

I have two Rite Aid stores and two Wags stores in town, all in close proximity to one another. Ruh roh.

 

[Danbo1957]

So the purpose of buying Rite Aid was to put them out of business...

 

[rxdawg21]

So the purpose of buying Rite Aid was to put them out of business...

All about synergy man, you know the kind where you take the majority of their patients and expect your current staff to handle it

 

[pharm B]

All about synergy man, you know the kind where you take the majority of their patients and expect your current staff to handle it

Just witnessed this after a K-Mart closed a few months ago. Another company bought the file, absorbed those patients, and they're already reducing their tech hours again.