• Delhaize Group said Friday that it has spent the equivalent of $102.6 million (US) to acquire from Germany’s Tengelmann Group Plus Hellas, which operates 33 stores in Greece. The move will allow Delhaize to expand the presence of its own Greek operation, Alfa-Beta Vassilopoulos.
• Rite Aid announced late last week that it plans to pull out of the Las Vegas market, closing 28 unprofitable stores there. The stores used to be part of the Thrifty Payless chain, which Rite Aid acquired 11 years ago.
Walgreen reportedly is buying Rite Aid’s Las Vegas prescription files for an undisclosed fee.
• Rite Aid announced late last week that it plans to pull out of the Las Vegas market, closing 28 unprofitable stores there. The stores used to be part of the Thrifty Payless chain, which Rite Aid acquired 11 years ago.
Walgreen reportedly is buying Rite Aid’s Las Vegas prescription files for an undisclosed fee.
- KC's View:
