RETAILING

Rite Aid Boosts Revco Bid: Rite Aid Corp. has sweetened its offer for rival drugstore chain Revco DS Inc. for the second time in a month. Rite Aid, trying to win approval from creditors for its plan to buy Twinsburg, Ohio-based Revco, which is operating out of bankruptcy court, said it boosted the cash portion of its offer by $18.5 million to about $538 million. Rite Aid said its total offer is now worth $730 million, including stock and assumed liabilities. The plan has been submitted to Revco’s 10,000 creditors for a vote, along with rival plans submitted by Jack Eckerd Corp. Rite Aid, based in Shiremanstown, Pa., operates more than 2,400 drugstores in 22 states.