Albertsons Cos., Rite Aid to merge

February 20, 2018 by Chain Drug Review Alberstons Cos., Albertsons-Rite Aid merger, Bob Miller, Cerberus Capital Management, John Standley, Lenard Tessler, Rite Aid Business, Featured Articles, Leading Headlines, Retail News

BOISE, Idaho, and CAMP HILL, Pa. — Albertsons Cos. plans to merge with Rite Aid Corp. in a deal that will take the supermarket retailer public. Albertsons Cos. and Rite Aid said Tuesday that the combined company will generate pro forma revenue of about $83 billion and operate about 4,900 stores, 4,350 pharmacy locations and