Rite Aid Pharmacy & Business News

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CarMax names Rite Aid CEO to board

John Standley brings extensive retail experience not only from his current role as the chairman and CEO of Rite Aid, but also from his many years in other senior leadership positions, CarMax noted.

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Millennials redefine in-store experience

As millennials have cemented themselves as the largest generation by population at 75.4 million, outnumbering baby boomers for the first time, the retail industry has been inundated with insights about their shopping habits.

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NY Post: WBA discussing divestiture requirement with FTC in Rite Aid deal

The New York Post Thursday evening reported that talks between Walgreens Boots Alliance and the Federal Trade Commission concerning its proposed acquisition of Rite Aid are progressing. "The drug store giant is in talks with the Federal Trade Commission about what it needs to sell to gain regulatory approval of the $17 billion deal, sources said on Thursday," The Post reported. "The talks with the FTC about divestitures is a sign regulators are open to approving the merger, sources said." (The New York Post)