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Walgreens to buy Drugstore.com for $429 million

submitted on March 24, 2011 by psplove in "Member's Lounge"
Walgreen Co. said it is buying Drugstore.com for $429 million as the Deerfield-based company seeks a bigger foothold in the fast-growing business of online retail.

The purchase also will benefit existing Walgreens customers, who will have access to Drugstore.com sites, including Beauty.com, SkinStore.com and VisionDirect.com.

Read more..
http://www.startribune.com/business/118625079.html
     

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