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Walgreens finalizes USA Drug deal
Deerfield, Ill. -- Walgreens on Monday announced that it has completed its purchase of 144 stores operating under the USA Drug, Super D Drug, May’s Drug, Med-X and Drug Warehouse banners located in Arkansas, Kansas, Mississippi, Missouri, New Jersey, Oklahoma and Tennessee.
The acquisition also includes corporate offices, a distribution center located in Pine Bluff, Ark., and a wholesale and private brand business, for a total of approximately $438 million subject to adjustment in certain circumstances.
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Ace Hardware builds a strong store strategy in 2012
OAK BROOK, Ill. — Ace Hardware Corp. has reported substantial growth and expansion in priority markets across the country.
“Our aggressive, long-term growth strategy features a total package of resources and support to ensure a successful future for our retailers,” said Mike Berschauer, director, retail development for Ace Hardware. “After a prosperous second quarter focused on store activations and conversions, Ace is on-track to achieve its goal of opening 170 new domestic stores in 2012.”