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Walgreens No Longer Merging With Rite Aid; Still Plans To Buy Half Of Rite Aid Stores For $5.2 Billion

It’s been nearly two years since Walgreens first agreed to buy competitor Rite Aid and its 4,600 or so stores for $9.4 billion to form the nation’s largest drugstore chain, only to see the value of that deal shrink amid antitrust concerns. Today, Walgreens announced that it’s scrapping that original plan to combine forces with Rite Aid but still plans to purchase about half of the smaller company’s retail locations. [More]

Fred's

Rite-Aid Selling 865 Stores To Fred’s For $950 Million

What to do, what to do, when you’re merging and want to be the biggest without being too big? Divest, of course. And that’s where Rite-Aid finds itself today: in order to sell itself to Walgreens and allow their onetime-competitor to become the biggest drugstore chain in the country, it’s ready to shed several hundred stores to build a new third-place competitor. [More]

11 Cheap Generic Drug Programs That Will Save You Money

11 Cheap Generic Drug Programs That Will Save You Money

Here at the Consumerist we’d like you to save money. That’s why we’ve put together a handy list of those $4 generic drug programs that you’ve been hearing about. We hope this list will make it easier for you to locate the store that has the best deal on all your medications. If your local grocery store is doing a similar program and we missed it, please add a link to the comments. If you need help researching the medicines, we recommend Consumer Reports’ excellent site Best Buy Drugs. Enjoy!

Black Friday Ads: KB Toys, EB Games, Fred’s

Black Friday Ads: KB Toys, EB Games, Fred’s

A veritable turducken of new Black Friday ads:

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