{"id":19305,"date":"2022-09-22T12:08:47","date_gmt":"2022-09-22T17:08:47","guid":{"rendered":"https:\/\/sevansolutions.kantsios.com\/case-studies\/walgreens-riteaid-acquisition\/"},"modified":"2023-07-14T12:31:12","modified_gmt":"2023-07-14T17:31:12","slug":"walgreens-riteaid-acquisition","status":"publish","type":"case_study","link":"https:\/\/sevansolutions.kantsios.com\/en-gb\/case-studies\/walgreens-riteaid-acquisition\/","title":{"rendered":"Walgreens Rite-Aid Acquisition Programme"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"19305\" class=\"elementor elementor-19305 elementor-17748\" data-elementor-post-type=\"case_study\">\n\t\t\t\t\t\t<section class=\"has_eae_slider has_ae_slider elementor-section elementor-top-section elementor-element elementor-element-53060c36 elementor-section-boxed elementor-section-height-default elementor-section-height-default ae-bg-gallery-type-default\" data-id=\"53060c36\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider has_ae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5820ec9b ae-bg-gallery-type-default\" data-id=\"5820ec9b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5878626f elementor-position-left elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"5878626f\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" width=\"173\" height=\"173\" src=\"https:\/\/sevansolutions.kantsios.com\/wp-content\/uploads\/2022\/04\/Walgreens_CornerW2.svg\" class=\"attachment-full size-full wp-image-16674\" alt=\"\" title=\"\"><\/figure><div class=\"elementor-image-box-content\"><h2 class=\"elementor-image-box-title\">1,900 Store acquisition programme.<br>3.5 Year completion timeline.<\/h2><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider has_ae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2120e408 ae-bg-gallery-type-default\" data-id=\"2120e408\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-34660775 elementor-widget elementor-widget-image\" data-id=\"34660775\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"567\" height=\"566\" src=\"https:\/\/sevansolutions.kantsios.com\/wp-content\/uploads\/2022\/09\/Walgreens-Rite-Aid.jpg\" class=\"attachment-large size-large wp-image-17752\" alt=\"\" srcset=\"https:\/\/sevansolutions.kantsios.com\/wp-content\/uploads\/2022\/09\/Walgreens-Rite-Aid.jpg 567w, https:\/\/sevansolutions.kantsios.com\/wp-content\/uploads\/2022\/09\/Walgreens-Rite-Aid-300x300.jpg 300w, https:\/\/sevansolutions.kantsios.com\/wp-content\/uploads\/2022\/09\/Walgreens-Rite-Aid-150x150.jpg 150w\" sizes=\"(max-width: 567px) 100vw, 567px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider has_ae_slider elementor-section elementor-top-section elementor-element elementor-element-5d8cdfe6 elementor-section-boxed elementor-section-height-default elementor-section-height-default ae-bg-gallery-type-default\" data-id=\"5d8cdfe6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider has_ae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-507a48a8 ae-bg-gallery-type-default\" data-id=\"507a48a8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1d7c96c9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1d7c96c9\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider has_ae_slider elementor-section elementor-top-section elementor-element elementor-element-59f749dc elementor-section-boxed elementor-section-height-default elementor-section-height-default ae-bg-gallery-type-default\" data-id=\"59f749dc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider has_ae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2c39dd7 ae-bg-gallery-type-default\" data-id=\"2c39dd7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7e640f61 elementor-widget elementor-widget-text-editor\" data-id=\"7e640f61\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><span style=\"color: #181b22;\"><strong>CHALLENGE<\/strong><\/span><\/h2><p><span style=\"font-weight: 400;\">Walgreens acquired over 1,900 Rite Aid locations and needed to assess each site to determine which locations would be integrated into their site portfolio and which locations would be sold to optimise their site footprint. Walgreens needed a partner who could manage remodel and renovation projects from start to finish and who understood how to manage site closeouts.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider has_ae_slider elementor-section elementor-top-section elementor-element elementor-element-48c9cac7 elementor-section-boxed elementor-section-height-default elementor-section-height-default ae-bg-gallery-type-default\" data-id=\"48c9cac7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider has_ae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fca7ed ae-bg-gallery-type-default\" data-id=\"fca7ed\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-65108bfa elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"65108bfa\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider has_ae_slider elementor-section elementor-top-section elementor-element elementor-element-1dfbc784 elementor-section-boxed elementor-section-height-default elementor-section-height-default ae-bg-gallery-type-default\" data-id=\"1dfbc784\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider has_ae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2f71fe63 ae-bg-gallery-type-default\" data-id=\"2f71fe63\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7de8ae77 elementor-widget elementor-widget-text-editor\" data-id=\"7de8ae77\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><span style=\"color: #181b22;\"><strong>SOLUTION<\/strong><\/span><\/h2><p><span style=\"font-weight: 400;\">Sevan surveyed each site and created conditions assessment reports and 360 virtual tours to document everything. Walgreens decided to convert 1,170 Rite-Aid locations into Walgreens stores and the remaining 730 Rite-Aid locations were closed out. Sevan\u2019s project management team worked with Walgreens to convert each site by managing exterior and interior rebranding and remodelling projects to align with their brand standards. Sevan managed the store closing project by selling unnecessary equipment, removing signage and subletting the spaces where appropriate.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider has_ae_slider elementor-section elementor-top-section elementor-element elementor-element-4ce2a568 elementor-section-boxed elementor-section-height-default elementor-section-height-default ae-bg-gallery-type-default\" data-id=\"4ce2a568\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider has_ae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-22e6ffc1 ae-bg-gallery-type-default\" data-id=\"22e6ffc1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7ca50c64 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7ca50c64\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider has_ae_slider elementor-section elementor-top-section elementor-element elementor-element-af7cd1a elementor-section-boxed elementor-section-height-default elementor-section-height-default ae-bg-gallery-type-default\" data-id=\"af7cd1a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider has_ae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5951f486 ae-bg-gallery-type-default\" data-id=\"5951f486\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-12a53b6a elementor-widget elementor-widget-text-editor\" data-id=\"12a53b6a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><span style=\"color: #181b22;\"><strong>RESULTS<br><\/strong><\/span><\/h2>\n<div id=\"content\" class=\"main-content\">\n<div class=\"entry facetwp-template\">\n<p><span style=\"font-weight: 400;\">Sevan completed the entire 1,900 store programme in just 3.5 years. During that time, Sevan provided Walgreens with a standardised asset conditions assessment report, giving them a map to better understand the conditions of future sites and what projects would need to be done to convert those new sites into Walgreens stores.<\/span><\/p>\n<\/div>\n<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>1,900 Store acquisition programme.3.5 Year completion timeline. CHALLENGE Walgreens acquired over 1,900 Rite Aid locations and needed to assess each site to determine which locations would be integrated into their site portfolio and which locations would be sold to optimise their site footprint. Walgreens needed a partner who could manage remodel and renovation projects from [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":17752,"menu_order":26,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"case_study_industry":[14],"solution_service":[29,23],"class_list":["post-19305","case_study","type-case_study","status-publish","has-post-thumbnail","hentry","case_study_industry-retail","solution_service-program-management","solution_service-surveys-facility-assessments"],"acf":[],"_links":{"self":[{"href":"https:\/\/sevansolutions.kantsios.com\/en-gb\/wp-json\/wp\/v2\/case_study\/19305"}],"collection":[{"href":"https:\/\/sevansolutions.kantsios.com\/en-gb\/wp-json\/wp\/v2\/case_study"}],"about":[{"href":"https:\/\/sevansolutions.kantsios.com\/en-gb\/wp-json\/wp\/v2\/types\/case_study"}],"author":[{"embeddable":true,"href":"https:\/\/sevansolutions.kantsios.com\/en-gb\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/sevansolutions.kantsios.com\/en-gb\/wp-json\/wp\/v2\/comments?post=19305"}],"version-history":[{"count":2,"href":"https:\/\/sevansolutions.kantsios.com\/en-gb\/wp-json\/wp\/v2\/case_study\/19305\/revisions"}],"predecessor-version":[{"id":19657,"href":"https:\/\/sevansolutions.kantsios.com\/en-gb\/wp-json\/wp\/v2\/case_study\/19305\/revisions\/19657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sevansolutions.kantsios.com\/en-gb\/wp-json\/wp\/v2\/media\/17752"}],"wp:attachment":[{"href":"https:\/\/sevansolutions.kantsios.com\/en-gb\/wp-json\/wp\/v2\/media?parent=19305"}],"wp:term":[{"taxonomy":"case_study_industry","embeddable":true,"href":"https:\/\/sevansolutions.kantsios.com\/en-gb\/wp-json\/wp\/v2\/case_study_industry?post=19305"},{"taxonomy":"solution_service","embeddable":true,"href":"https:\/\/sevansolutions.kantsios.com\/en-gb\/wp-json\/wp\/v2\/solution_service?post=19305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}