The supermarket operator Albertsons said Tuesday morning that it would buy the remnants of the Rite Aid drugstore chain. By the end of the day, Walmart saw its stock drop by more than 10 percent on weak profit.
"Albertsons Is Buying Rite Aid. Walmart’s Stock Falls. There’s a Common Rival." is from the February 20, 2018 Business section of The New York Times. It was written by Michael Corkery, Chad Bray and narrated by Kristi Burns.