Tuesday, August 30, 2016

Kroger could be looking to snap up Walgreens, Rite Aid stores

Kroger could be interested in buying Rite Aid or Walgreens locations, according to a new report.Kroger Co. could be a prime bidder for some Rite Aid or Walgreens drug stores that will need to be sold when those two companies finally complete their merger later this year.

Cincinnati-based Kroger, the nation’s largest operator of traditional supermarkets, is a potential buyer of some of the 500 stores that will likely be put up for sale, according to a Bloomberg report.. . . more

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