News

Dozens of Rite Aid stores, prescription files set to transfer to CVS, other pharmacies
A federal judge in New Jersey approved the sale of Rite Aid's pharmacy assets, including prescriptions, to CVS, Walgreens and ...
CVS to acquire & operate 64 Rite Aid stores in the PNW, buy customer prescription files
CVS Pharmacy has announced its agreement to buy the prescription files of 625 Rite Aid pharmacies across 15 states.
Rite Aid sells pharmacy assets from 1K stores to rivals — including CVS, Walgreens — after second bankruptcy filing
Rite Aid first filed for bankruptcy in October 2023. Like many other pharmacies, it fell victim to shifts in consumer habits, ...
Bartell’s days may be numbered as CVS looks to buy bankrupt Rite Aid’s remaining stores
What isn't clear is whether the Bartell name that has been such a presence in the Seattle area will survive, with several ...
Fox Business8y
What Happens If Walgreens' Acquisition of Rite Aid Falls Through?
Image source: Getty Images. When asked what the company might do if the Rite Aid acquisition falls through, Walgreens Boots Alliance CEO Stefano Pessina said that no thought is being given to ...
Forbes9y
With Rite Aid, Larger Walgreens Isn't Ready To Stop Tobacco Sales
With Walgreens Boots Alliance poised to become much larger with its proposed acquisition of Rite Aid, company executives aren’t ready to absorb the loss of tobacco sales even as a company with ...
USA Today8y
Walgreens still expects to finish Rite Aid acquisition after deal scrutiny
The owner of Walgreens said Wednesday that it still expects to secure regulatory approval for its acquisition of Rite Aid amid speculation about the fate of the languishing deal. Walgreens ...