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Walgreen/Rite Aid

Started by Towntalk, October 27, 2015, 08:23:09 PM

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AllanY2525


Look for prices to go up at wherever a Rite Aid store is eliminated because it competes with
a nearby Walgreen's location ..... I get wary whenever one big chain store buys out one of it's
competitors as it's usually not good for consumers. 

Towntalk

#1
CNN is reporting that Walgreen is buying Rite Aid. In areas where there are Walgreen and Rite Aid close to each other such as on Midlothian Blvd. look for Walgreen to close the Rite Aid store.

http://money.cnn.com/2015/10/27/investing/walgreens-rite-aid-deal/index.html