Rite Aid: Worth More Closed than Open

© Lawrence W. Abrams, February 2008

Rite-Aid (RAD) is worth more closed down than as an ongoing concern. The retail prescription drug business has too many pharmacies as the industry evolves from an era of "competition by convenience" to an era of "competition by price." The WMT $4/generic Rx announcement was the tipping point.

Rite Aid_ Worth More Closed Than Open.pdf

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