Albertsons Announces Rite Aid Merger

Boise-based grocery Albertsons announced they will be purchasing the remainder of Rite Aid’s drugstore chain. In efforts to build their online presence and compete with retail giant Amazon, Albertsons is planning to rebrand their in-house pharmacies.

“We don’t yet have a store list,” said Chris Wilcox, Vice President of Communications, Public Affairs, and Education for Albertsons. “It’s still fairly early on, so we have a lot of work to do yet. We will likely update the investor [web] page with new info as it becomes available, but I don’t know that we would publish a complete store list. Store lists aren’t something that we typically share even under standard operating conditions.”[1]

Under the new deal, current Rite Aid Chairman and Chief Executive Officer John Standley will become CEO of the combined company, with Albertsons Chairman and CEO Bob Miller serving as Chairman.

The combined company expects to operate approximately 4,900 locations, 4,350 pharmacy counters, and 329 clinics in 38 states and Washington, D.C. They anticipate revenues of $83 billion in 2018, according to a joint statement.[2]

 

[1] http://www.omakchronicle.com/news/2018/feb/27/albertsons-rite-aid-merger-announced/

[2] https://www.businesswire.com/news/home/20180220005785/en/Albertsons-Companies-Rite-Aid-Merge-Create-Food

Follow us on social media for the latest updates in B2B!

Image

Latest

Mission
Why Is the Mission of Benchmark So Important
December 23, 2025

As pharmaceutical innovation accelerates, the margin for error narrows, making quality assurance not just a regulatory necessity but a public good. Benchmark’s mission sits at the intersection of progress and protection—helping manufacturers stay aligned with FDA standards so life-saving therapies reach patients faster and safer. By keeping cleanrooms compliant and companies out of trouble, Benchmark…

Read More
Benchmark
What Is It Like for You to Be Part of the Benchmark Products Teams Now
December 23, 2025

Being part of the Benchmark Products team today means working at the intersection of precision manufacturing and deeply human collaboration, especially in the high-stakes world of cleanroom and sterility assurance solutions. As the organization grows, employees describe a culture that still feels familial—one where clear communication, personal accountability, and genuine care for customers drive…

Read More
Cleaning
Do Your Friends Ever Ask You For Cleaning Tips
December 23, 2025

In a media landscape increasingly shaped by privacy constraints, data clean rooms have emerged as a quiet but powerful way for brands to collaborate without exposing sensitive information, even if, as Will Sepsis quips, some partners would still prefer that “ignorance is bliss.” That tension—between curiosity and caution—captures the moment we’re in, where understanding…

Read More
Clean
Do You Friends Ask You For Cleaning Methods or Clean Their Home
December 23, 2025

At Benchmark Products, where cleanroom precision is part of everyday work, professionals often discover that specialized knowledge doesn’t always translate neatly into casual conversations—especially when friends jokingly wonder if you’ll critique their homes or turn them into germaphobes. The reality is that cleanroom science is about controlled environments and risk mitigation at an industrial scale,…

Read More