New Channels News In Brief…
Two of the nation’s largest drugstore chains have agreed to combine operations. Walgreens Boots Alliance announced Oct. 27 that it has entered into a definitive agreement to acquire all the outstanding shares of Rite Aid in a deal valued at $17.2 billion. Walgreens has more than 13,100 stores in 11 countries; Rite Aid has nearly 4,600 stores in 31 states and annual revenues of $26.5 billion…
Walmart has applied to the Federal Aviation Administration for permission to test drones for home delivery, curbside pickup and checking warehouse inventories…
Walmart plans to transition to wood-grain reusable plastic containers for transporting and merchandising produce in all U.S. stores.