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

technology
Clarity Under Pressure: Technology, Trust, and the Future of Public Safety
February 7, 2026

When something goes wrong in a community—a major storm, a large-scale accident, a violent incident—there’s often a narrow window where clarity matters most. Leaders must make fast decisions, responders need to trust the information in front of them, and the systems supporting those choices have to work as intended. Public safety agencies now rely…

Read More
weather Intelligence
Clarity in the Storm: Weather Intelligence, GIS, and the Future of Operational Awareness
February 6, 2026

For many organizations today, weather has shifted from an occasional disruption to a constant planning factor. Scientific assessments show that extreme weather events—including heatwaves, heavy rainfall, and wildfires—are occurring more frequently and with greater intensity, placing growing strain on infrastructure, utilities, and public services. As weather-related disruptions become more costly and harder to manage,…

Read More
AI in sterile processing
AI in Sterile Processing Is Proving Its Value by Acting as a Co-Pilot, Not a Replacement
February 5, 2026

Sterile processing departments are dealing with persistent operational pressures. Surgical case volumes are rising, instruments are more complex, and staffing shortages remain across many health systems. Accuracy and documentation requirements continue to tighten, leaving little room for error. In busy hospitals, sterile processing teams may handle 10,000 to 30,000 surgical instruments per day, with…

Read More
IC-SAT100
Meet IC-SAT100, a Satellite PTT Radio Built for the World’s Most Demanding Environments
February 5, 2026

Let’s have a look at Icom’s IC-SAT100, a satellite Push-To-Talk radio designed for moments when ordinary communication just isn’t an option. Powered by the Iridium satellite network, this rugged handheld delivers instant one-to-many communication at the push of a button—no cell towers or ground infrastructure required. Built to thrive in harsh environments, it’s waterproof,…

Read More