Albertsons Merging With Rite Aid In Harlem

What is going on with Rite Aid, first it was now Walgreens back in 1917, now it’s Albertson. With a number of stores in Harlem Rite Aid, Super Market News reports that Albertson Cos. and Rite Aid Corp. announced a definitive merger agreement today that will unite the companies into a new publicly traded entity with…

Walgreens Close To Buying Rite Aid

Crains NY reports that with three stores in Harlem the shares of Rite Aid jumped nearly 40% Tuesday afternoon on a report that it may be gobbled up in the next major acquisition by Walgreens, the biggest U.S. drugstore chain.