Rite Aid Partnership Update – August 2018
Rite Aid and Albertson’s announced on Wednesday, August 8 that both companies have mutually agreed to terminate their previously announced merger agreement. According to the press release, Rite Aid will remain focused on their current business model.
The remaining 2,500 Rite Aid brand stores, supporting 55 CMN Hospitals markets, will continue to move forward with their campaign in 2019. CMN Hospitals is working closely with our existing regional Walgreens contacts to try to help with the transition of support for those locations.
Corporate Partners account director, Amanda Clark, will continue to work with our contacts at Rite Aid to ensure a successful execution of the 2019 campaign and continue to work with Rite Aid on strategic fundraising initiatives.
Link to Press Release included here.
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