Almost two years ago, Walgreens shared its $9.7 billion plan to merge with Rite Aid and, ever since, there has been a back and forth about finalizing the details. The latest roadblock in this saga is the FTC’s decision to press pause on the deal as...
September 10, 2019
After closing hundreds of stores that were not profitable, Fred’s is filing for Chapter 11 bankruptcy protection and shuttering all of its locations. Liquidation sales at its retail stores will be held over the next two months, CNBC reported. Per the outlet, the bankruptcy is an indication that steps to cut costs, like inventory clearance […]
May 17, 2017
Almost two years ago, Walgreens shared its $9.7 billion plan to merge with Rite Aid and, ever since, there has been a back and forth about finalizing the details. The latest...
