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Retail News Breaks Archives

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Week of Mon, Sep 9th, 2013

Walgreens announces plans to buy Kerr Drug

Walgreen Co. has announced plans to acquire the Kerr Drug regional drug chain, which operates 76 drug stores in North Carolina and had fiscal 2012 sales of $381 million.

Albertsons to acquire United Supermarkets

Albertsons LLC has agreed to acquire United Supermarkets LLC, a 50-store chain based in Lubbock, Texas. The terms of the transaction, which is expected to be complete by the end of October (subject to customary government approvals), were not disclosed.

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