TITLE

Rite Aid's Acquisition Prescribes Pressure On C-Stores

AUTHOR(S)
Longo, Don; Ryan, Tom
PUB. DATE
October 2006
SOURCE
Convenience Store News;10/8/2006, Vol. 42 Issue 12, p129
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the acquisition of Canada based Eckerd/Brooks banners by Rite Aid Corp. The acquisition has helped the company to consolidate its position among drug store chains in the U.S. Rite Aid will operate 5,177 stores and its sales per square foot last year were $473. The company's president and CEO, Mary Sammons, has taken significant steps to improve the productivity of the store.
ACCESSION #
22638466

 

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