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Quantum technologies
Google claims breakthrough in quantum computer error correction
...Finding a way to correct for the errors this causes is the hardest technical challenge the industry faces....
February 22, 2023
Kroger Co
Biggest US grocery chain Kroger in talks to buy rival Albertsons
...Albertsons then attempted to merge with Rite Aid a year later but was also forced to call off the transaction after it failed to win support from the pharmacy chain’s shareholders....
October 13, 2022
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Due Diligence
Should we feel bad for junior investment bankers? Premium content
...And with series such as HBO’s Industry partly sensationalising and partly commiserating with the plights of the young bankers, it raises the question — how bad is it really?...
March 26, 2021
Personal & Household Goods
Rite Aid overhauls board in wake of Albertsons deal collapse
...Rite Aid shares rose 2.3 per cent in pre-market trading....
September 27, 2018
US & Canadian companies
Rite Aid shares and bonds tumble after takeover deal collapses
...Shares in Rite Aid also tumbled 10 per cent. As a standalone company, Rite Aid was “highly leveraged”, said Andrew Wolf, analyst at Loop Capital....
August 9, 2018
Retail & Consumer industry
Kroger and Walgreens to test grocery delivery in drugstores
...Rite Aid’s proposed merger with Albertsons may be dead. But that isn’t stopping rival drugstore and supermarket chains from pursuing their own tie-ups....
October 2, 2018
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
FT AlphavilleAlexandra Scaggs
Schrödinger's default [updated]
...that, Albertsons' outrage seems to come from a place that assumes bondholders should go out of their way to cooperate with a private-equity-backed company -- that's a pretty big ask for a member of an industry...
July 25, 2018
US & Canadian companies
Albertsons to buy Rite Aid to head off Amazon threat
...Albertsons plans to buy drugstore chain Rite Aid in a deal that hastens the consolidation rippling through the grocery industry as companies try to out-manoeuvre the rising threat of online competitors like...
February 20, 2018
Retail & Consumer industry
Grocery store chain Albertsons, drugstore Rite Aid unveil tie-up
...Rite Aid shares surged on the news, first reported by the Wall Street Journal, with shares up as much as 31 per cent in pre market trading in New York....
February 20, 2018
Retail & Consumer industry
Buyout groups vie for Catalina Marketing
...The Florida-based company works with more than 31,000 grocery, drug and department stores across America, including Safeway, Rite Aid and Sears Holdings’ Kmart discount chain, according to its website....
February 25, 2014
Life & Arts
Hollywood’s golden talent agents
...Yet the mailroom has become a rite of passage in Hollywood and anyone worth their salt in the industry will have passed through one....
February 19, 2010
US & Canadian companies
Bitter pills in fight for drugstore dominance
...Pennsylvania-based Rite Aid, the third largest national chain, has about 5,800 stores....
August 15, 2008
US & Canadian companies
Rite Aid to buy US Coutu drug stores
...Mary Sammons, Rite Aid’s chief executive, said adding the stores “gives Rite Aid scale comparable to our major drug store competitors, and we believe this enables us to compete more effectively in a highly...
August 24, 2006

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