When a retailer announces that it will sell off about 1,200 stores in order to take its business to the next level, these days the assumption is that the company is struggling to stay afloat and needs to quickly shed excess weight and curb costs.
Walgreens Boots Alliance’s case, however, the sale of more than 1,000
Rite Aid locations will help the former meet regulatory approvals before
completing its planned $7.4 billion merger and expanding its footprint
across the United States.. . . more