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Report: Walgreens close to satisfying FTC with new Rite Aid deal
DEERFIELD, Ill.— Walgreens is expected to again modify the number of stores the Chicagoland retailer is seeking to buy from Rite Aid in an effort to satisfy FTC concerns, Bloomberg reported Monday morning, citing sources familiar with the matter.
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Ken Martindale departs Rite Aid, company names new COO
CAMP HILL, Pa. — Rite Aid has announced that president of Rite Aid and CEO of Rite Aid stores Ken Martindale, will leave the company, effective immediately, to assume his new role at the helm of GNC as CEO. Rite Aid also announced it has promoted Bryan Everett, currently EVP in charge of store operations, to the newly created position of COO Rite Aid stores.