Duane Reade Shareholders Company History Timeline

2003
Six former Rite Aid senior executives were convicted of conspiracy in 2003 regarding a wide range of accounting fraud and false filings with the United States Securities and Exchange Commission SEC .
2007
The Italy native previously ran Swiss health and beauty retailer Alliance Boots, which he had acquired with KKR in 2007.
2014
The effort by several groups and public health advocates to get Walgreens to stop selling tobacco products has been ongoing since its chief drugstore chain rival, CVS Health, made its landmark decision in the fall of 2014 to stop selling cigarettes and other tobacco products in its stores.
Pessina, 78, took his current role after Walgreen Co. in 2014 acquired the part of Alliance Boots that it didn t already own for about 15.3 billion.
2015
In October 2015, Walgreens WBA announced it would acquire Rite Aid for 9 per share.
2017
The two companies extended talks into 2017 until they ultimately vacated the merger deal.
2018
20, 2018, the companies announced that supermarket retailer Albertsons agreed to acquire Rite Aid in a deal valued at 24 billion.
Founded
2003
Company Founded

Similar Companies

Company NameFounded DateRevenueEmployee Size
Fred's1947
Fred's
1947
1947
$2.1B
$2.1B
7,324
7,324
Pet Supplies Plus1988
Pet Supplies Plus
1988
1988
$795.8M
$795.8M
4,000
4,000
99 Cents Only Stores1982
99 Cents Only Stores
1982
1982
$2.1B
$2.1B
17,000
17,000
Marc's1979
Marc's
1979
1979
$1.4B
$1.4B
7,000
7,000
Save-A-Lot1977
Save-A-Lot
1977
1977
$7.5M
$7.5M
35
35
Smart & Final1871
Smart & Final
1871
1871
$4.4B
$4.4B
7,570
7,570
Big Lots1967
Big Lots
1967
1967
$5.2B
$5.2B
22,900
22,900
Longs Drugs1951
Longs Drugs
1951
1951
15,878
15,878
Ulta Beauty1990
Ulta Beauty
1990
1990
$5.3B
$5.3B
24,200
24,200
Walgreens1901
Walgreens
1901
1901
$131.5B
$131.5B
253,400
253,400