A New Retail Giant Archives - Market Mad House

daniel November 3, 2015May 1, 2016 A New Retail Giant, America’s ongoing retail apocalypse, Costco and Kroger, Did a Major U.S. Retailer Just Collapse and Nobody Noticed It?, Did Rite Aid Collapse?, Retail Apocalypse, Retail Apocalypse Gets Worse, retail apocalypse has come to Rite Aid and drugstores, revenue is also growing fast, Rite Aid (NYSE: RAD), Rite Aid might have been out of money, Walgreen Boots Alliance (NASDAQ: WBA), Walgreen is definitely getting a bargain, Walgreens Rite Aid Merger, Walmart, Why Rite Aid May Have Collapsed

Did a Major U.S. Retailer Just Collapse and Nobody Noticed It?

Rite Aid, which operates around 4,600 drugstores in 31 states and the District of Columbia, is about to be taken over by Walgreen Boots Alliance (NASDAQ: WBA). The press is treating the deal as just another corporate buyout, but to me, it sounds as if a very desperate Rite Aid effectively sold itself to Walgreens to avoid the humiliation of bankruptcy or the death spiral