Fred’s Inc. said Thursday it remains committed to buying up to 1,200 Rite Aids in order to help Walgreens Boots Alliance and Rite Aid win Federal Trade Commission approval of their merger. Fred’s ...

To satisfy antitrust concerns, Walgreens Boots Alliance and Rite Aid will sell 865 Rite Aid stores to Fred’s Pharmacy for $950 million in cash, the companies announced Tuesday. “The agreement is being ...

In a move that may speed up the long-planned $17.2 billion acquisition of Rite Aid by Walgreens Boots Alliance, Fred’s Pharmacy has agreed to buy 865 Rite Aid stores in the eastern and western U.S.

DEERFIELD, Ill. & MEMPHIS, Tenn.--(BUSINESS WIRE)--Walgreens and Fred’s, Inc. (Nasdaq: FRED) today announced they have entered into a definitive asset purchase agreement, pursuant to which Walgreens ...

MEMPHIS, Tenn. Pharmacy continues to be one of the key differentiators for small-box discounter Fred’s, especially against other small-box discounters. The chain may have posted net sales of $434.2 ...

MEMPHIS, Tenn.--(BUSINESS WIRE)--Fred’s Inc. (“Fred’s Pharmacy” or the “Company”) (NASDAQ:FRED) today announced three additions to its senior management team. Gregory Froton has been appointed Senior ...

Fred’s is selling assets of EntrustRx, its specialty pharmacy unit, to a subsidiary of CVS Health for $40 million plus inventory value costs. The move comes more than two weeks after Fred’s CEO ...

Fred's Pharmacy on Tuesday announced it has signed an agreement with Walgreens Boots Alliance, Inc. and Rite Aid Corporation to purchase 865 stores and certain assets related to store operations ...