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Walgreens, Rite Aid extend date of merger agreement to allow for store divestures
Walgreens, Rite Aid extend date of merger agreement to allow for store divestures Walgreens Boots Alliance and Rite Aid announced that they have mutually agreed to extend the end date of their merger agreement from Oct. 27, 2016 to Jan. 27, 2017. The companies now expect the transaction will close in early calendar 2017. -
Walmart amps up online strategy in China with three new initiatives
Walmart is ready to sink its teeth into the world’s largest e-commerce market. Three months after entering into a strategic alliance with JD.com, China’s second-largest e-commerce website, Walmart is introducing Chinese shoppers to a new digitally-driven shopping experience. For example, Chinese shoppers got their first taste of Sam’s Club when Walmart opened the doors of its first flagship store in China today.

