NEW YORK -- Rite-Aid Corp., a chain drug-store operator based in Camp Hill, Pa., said last week it expects to acquire "a few dozen" supermarket locations from Red Apple Co. here. Franklin Brown, general counsel for Rite-Aid, said the exact number of units Rite-Aid is buying is still under negotiation, but he said he expects the final deal to involve "a few dozen" stores. Red Apple operates 63 supermarkets under the Sloan's and Gristede's banners in the New York metropolitan area. Wanda ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.