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Walgreens launches first new store concept in years

January 11, 2018

As Walgreens begins to envision a revamp of its store format, the company is also busy incorporating the 357 Rite Aid stores it bought at the end of December, part of its scaled-back bid to take over the rival. The merger proposed by Walgreens and Rite Aid more than two years ago was subject to long, drawn-out scrutiny by the Federal Trade Commission, which in the end would only agree to the drastically smaller acquisition of stores and distribution centers.

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