TITLE

Rite Aid's power play

AUTHOR(S)
Brookman, Faye
PUB. DATE
October 1996
SOURCE
WWD: Women's Wear Daily;10/18/1996, Vol. 172 Issue 75, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Evaluates the effect of the proposed acquisition of Thrifty Payless Holdings by Rite Aid Corp. in the mass market retail industry. Creation of a dominant cosmetics chain; Installation of Rite Aid's Beauty Focus format; Continuous expansion of Rite Aid's beauty presence; Termination of 740 Thrifty top level executives; Anticipation of $65 million savings; Consolidation trend among drug store retailers.
ACCESSION #
9701104509

 

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