CVS Stops Sale Of Heartburn Drugs With Suspect ContaminantRite Aid said it's removing Zantac and related drugs sold under its name from its shelves. Deerfield based-Walgreens earlier said it's removing Zantac products from shelves while the FDA continues its investigation.
Walgreens Tops 4Q Expectations, Helped By Rite Aid DealWalgreens' U.S. pharmacy sales also grew nearly 17 percent in the fourth quarter.
Board Reshuffle At Rite Aid After Failed Merger AttemptsRite Aid is trying to hold off bigger, national rivals like Deerfield-based Walgreens or CVS Health Corp. partially by shoring up its share of business in regions where it already has a big presence.
Rite Aid, Albertsons Call Off MergerThe deal would've valued the combined company at roughly $24 billion.