Possible Closings With Rite AID And Walgreen’s Merger In Harlem

walgreens to buy rite aidWith three Rite Aid and three Walgreens stores in Harlem, it’s interesting that a few months ago, the shareholders of #3 U.S. drugstore chain Rite Aid approved the company’s proposed acquisition by the parent company of the #1 chain, Walgreens Boots Alliance. Continue Reading →

Duane Reade Settles New York City Overcharge Probe

duane reade in harlemWith a couple of Duane Reade’s stores in Harlem, Walgreen Co agreed to pay $500,000 and reform its advertising practices to settle allegations its Walgreens and Duane Reade stores in New York routinely overcharged consumers and tricked them into thinking they were getting great deals. Continue Reading →

Walgreens Close To Buying Rite Aid

walgreens to buy rite aidCrains 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. Continue Reading →

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