News

A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers. Purchase prices were not ...
CVS Health will close 270 stores in 2025, continuing its retail overhaul after shutting 900 locations in recent years. The ...
Rite Aid first filed for bankruptcy in October 2023. Like many other pharmacies, it fell victim to shifts in consumer habits, ...
Rite Aid plans to sell the majority of its pharmacies to rival drugstore chains. CVS Health is one of the largest buyers, ...
The buyers include rivals CVS Pharmacy, Walgreens and others.
Rite Aid has sold the pharmacy operations of more than 1,000 of its U.S. stores to major competitors, including CVS Health Corporation (NYSE:CVS), Walgreens, Albertsons, and Kroger, as part of its ...
Financial details were not disclosed, and sale documents redacted purchase prices for Rite Aid’s assets, which went to retail pharmacy chains like CVS and Walgreens, along with grocers ...
Defunct pharmacy chain Rite Aid is offloading assets, including over 1,000 stores. Seeing an opportunity, several other ...
Walgreens plans to close 500 stores this year following a $3 billion loss last year. Here are the Ohio and U.S. locations ...
Walgreens is expanding the number of its retail stores served by its micro-fulfillment centers as it works to turn itself ...
Rite Aid has confirmed CVS will take over the operations of many of the Rite Aid and Bartell Drugs locations closing in ...
What isn't clear is whether the Bartell name that has been such a presence in the Seattle area will survive, with several ...