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Rite Aid stores transition to Walgreens

August 5, 2019

ADDISON COUNTY AND BRANDON — The effects of a $4 billion business deal announced in 2017 are just now rippling through our part of Vermont. Rite Aid stores in Brandon, Bristol and Middlebury last week hung signs or banners announcing the new name of the retail drug store — Walgreens. Under the agreement made between Walgreens Boots Alliance and Rite Aid, Walgreens last year purchased 1,932 stores and three distribution centers from Rite Aid for an all-cash purchase price of $4.3 billion on a cash-free, debt … (read more)

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