US-based grocery and drug retailer Shop ‘n Save, a wholly owned subsidiary of Supervalu Inc, is expanding its network of pharmacies with the acquisition of Rinderer’s Drug Stores Inc, a family-owned company.
The sale will involve all six Rinderer’s stores. Shop ‘n Save is also taking other steps to make the transition easier for affected customers. The company will accept all prescription insurance plans currently accepted by Rinderer’s and plans to hire as many Rinderer’s associates as possible, so patients will continue to see familiar faces behind the counter.
“We are delighted to welcome new customers to our pharmacies, as we work to make this transition as seamless as possible,” said Marlene Gebhard, president, Shop ‘n Save.
“We want to thank our customers for giving us the opportunity to serve them for such a long time, and I believe this acquisition puts them in very good hands,” said Matthew Carlisle, president, Rinderer’s Drug Stores Inc. “Shop ‘n Save’s plans for our stores and associates ensure our patients will receive the same standard of care provided by Rinderer’s, with minimal disruption during the transition.”
– IndiaRetailing Bureau
