Rite-Aid on Broad Street in Glens Falls will be converting to a Walgreens. They still look like Rite Aid stores, but two of them are now Walgreens’. Walgreens bought the Rite Aid stores on Upper Glen Street in Queensbury and Broad Street in Glens Falls last week.
In 2017, Walgreens acquired 1,932 stores from Rite Aid, including all the Rite Aids in West Virginia, in a $4.4 billion deal. So far, 19 Rite Aid stores have closed in West Virginia, and 16 are becoming Walgreens.
Does Walgreens accept Rite Aid Plenti?
For now, the Plenti card and points are still accepted, but once Walgreens finishes converting the stores, customers won’t be able to use their Rite Aid rewards cards. Walgreens says that will probably happen in “a few months” but also says it will take a few years to finish converting all of its Rite Aid acquisitions.
You should be asking “Should you Save Your wellness+ card when Walgreens buys Rite Aid?”
That won’t happen for a while, though: The deal first needs to gain regulatory approval, and then Walgreens plans to buy up the Rite Aid stores over the course of six months. Because there are so many stores in the deal, it could take two to three years for the thousands of Rite Aid stores to become Walgreens stores. So save your Wellness+ card.
Is Rite Aid going to become Walgreens?
Here’s What That Means For You Last year Walgreens agreed to buy more than 1,900 Rite Aid stores and three distribution centers for $4.4 billion, a deal that leaves Rite Aid a much smaller chain operating in eight states. This year, the first stores have started to switch over to the Walgreens family.
A $10 billion mega-merger between two of the nation’s largest drug stores is no more. Walgreens and Rite Aid announced Thursday that they are no longer combining forces.
How many stores will Rite Aid have after the merger?
The pharmacy giant said Tuesday that federal regulators have accepted its $4.4 billion deal to buy 1,932 Rite Aid stores. That will leave Rite Aid with about 2,600 stores once the deal is finished.
Another common inquiry is “Is Rite Aid rebranding in 2020?”.
After Rite Aid announced the sale of more than 1,900 stores to Walgreens last year, about two-thirds of local Rite Aid stores listed on the chain’s website appear to be slated for full store rebranding by 2020.
Is Rite Aid going out of business in West Virginia?
So far, 19 Rite Aid stores have closed in West Virginia, and 16 are becoming Walgreens. Walgreens starts fiscal 2019 with boost from Rite Aid stores.
Is the world’s affordable pharmacy Walgreens?
The world’s affordable pharmacy is Walgreens has finally figured out a way to buy Rite Aid — or about half of it, at least. The pharmacy giant said Tuesday that federal regulators have accepted its $4.4 billion deal to buy 1,932 Rite Aid stores.