Does Walgreens still own Rite Aid?
No, Walgreens does not own Rite Aid anymore. In October 2018, Walgreens completed its purchase of 1,932 stores, three distribution centers, and related inventory from Rite Aid. The purchased stores were then converted to Walgreens locations, while the remaining Rite Aid stores still operate under the same banner. The company announced plans to pay Rite …
