According to Rite Aid and Albertsons, the combined company’s retail pharmacy footprint should generate in excess of $16 billion in pharmacy sales.
The integrated company will operate approximately 4,900 locations, 4,350 pharmacy counters and 320 clinics across 38 states and Washington, D.C., serving more than 40 million customers per week, Albertsons and Rite Aid said.
Cough-Cold and Flu
Flu shots are currently available at all Rite Aid pharmacies and are covered by most insurance plans with $0 co-pay, including Medicare Part B.
Whatever you’re trying to say Feb. 14, Rite Aid has a product for this Valentine’s Day.
Rite Aid has successfully transferred 1,114 stores to Walgreens Boots Alliance, and has received cash proceeds of $2.424 billion, which the company continues to use to reduce debt.
On a per-share basis, the San Francisco-based company reported net income of $4.33. Earnings, adjusted for one-time gains and costs, were $3.41 per share.