Managed Healthcare Executive December 26, 2019
Building on a collaboration that first brought together The Kroger Co.’s food and grocery experience with Walgreens’ expertise in health and beauty, the companies have formed a group purchasing organization to deliver purchasing efficiencies, lower costs, and combined resources. The new joint venture will be called Retail Procurement Alliance.
“This collaboration is an extension of the strategic collaboration announced last year to create value for customers and shareholders of both companies,” says Gary Millerchip, Kroger’s chief financial officer.
Kroger and Walgreens initially announced an exploratory pilot in October 2018 to develop a one-stop shopping experience, which launched in December 2018 as the Kroger Express concept...
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