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Walgreens and Rite Aid Proposed Merger: The Blurring Lines Between Retail and Healthcare
In October, Walgreens announced plans to acquire Rite Aid in a deal that had been widely anticipated. The deal is most certainly going to reshape the retail market by creating a drug store giant with nearly 13,000 stores in the United States; as well, it foretells of the significant changes occurring in the healthcare market.
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Sorry, mobile: Cash is still king in retail
Various technology analysts, retail industry pundits, and economists of all stripes, have long predicted the demise of paper and coin currency along with the dawn of a cashless society.
And it is true that over the last few years, we’ve seen a big acceleration in the drive towards large-scale consumer adoption of new digital payments technologies, especially in the mobile category.

