Mergers & Acquisitions

The purchase from Scolari’s Food & Drug includes five stores under the eponymous banner that will be transferred to the Raley’s banner and one Sak ’N Save that will maintain its name and operate as part of the Raley’s food source division.

The exit of both GSK and RB doesn't leave many companies large enough to swing Pfizer's reported asking price of $20 billion for an OTC portfolio that includes powerhouse brands Advil and Centrum.

The pharmacies are being jettisoned in an effort to keep the grocer competitive through investments in click and collect and home delivery.

The company named Derica Rice, who had been Eli Lilly’s longtime CFO, as the new head of the PBM, effective March 30.

While not in the pharmacy business, one competitor Schlotman is keeping an eye on is Lidl, despite that grocer's slow start in the U.S.

All locations will remain open as Farm Fresh stores until the transaction is complete, which is expected in May. Pharmacies at all locations will also remain open through the transition.

ModiFace will become part of L'Oréal's digital services factory, work closely with the advanced research team and remain based in Canada.

Southeastern Grocers said it has entered into a restructuring support agreement with a group of creditors and its private equity sponsor regarding a comprehensive financial restructuring that will position the company for long-term financial health.