4 Ways You’ll Win With the New Albertsons and Rite Aid Merger
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Albertsons Companies and Rite Aid Corporation JUST announced a merger agreement Tuesday.
What this means for you:
1. The Rite Aid pharmacy brand will now extend into Albertsons grocery stores.
You’ll now be able visit a Rite Aid pharmacy at most Albertsons affiliates, including Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Haggen, Randalls, Star Market, United Supermarkets, Pavilions, and Carrs. The only caveat? According to Forbes, where Jewel-Osco has a stronger brand, the stores will not be rebranded as Rite Aid.
2. Shoppers can still visit their favorite locations.
The integrated company will operate at roughly 4,350 pharmacy counters and 320 clinics across 38 states and Washington, D.C. There have been no talks of store closures, so if you have a Rite Aid near you, you can expect to still shop there.
3. Loyalty programs will become streamlined across the brands.
Both Albertsons and Rite-Aid offer loyalty programs. These loyalty programs will simplify and work cross-brand to enhance shopping for millions of active loyalty program participants.
4. RediClinics will be coming soon to a store near you.
The combined company has plans to offer in-store RediClinics in larger Albertsons Companies locations and stand-alone Rite Aids. So you can get seen by a doctor and pick up your prescriptions all in one place!
Speaking to the merger between the two retail giants, Bob Miller, Albertsons Companies Chairman and Chief Executive Officer, says that combining “with Rite Aid will enable us to serve the valuable pharmacy customer by providing a fully integrated one-stop-shop for our customers.”
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