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News

CVS, Walgreens To Buy Pharmacy Assets From Rite Aid Corp

Reuters on MSN · 2d
Rite Aid to sell 1,000 stores to CVS, Walgreens and others
By Sabrina Valle (Reuters) -Bankrupt U.S. pharmacy chain Rite Aid on Thursday said it agreed to sell more than 1,000 stores in separate transactions to CVS Pharmacy, Walgreens, Albertsons, Kroger and Giant Eagle,
PennLive on MSN · 1d
CVS, Walgreens, others agree to purchase pharmacy assets of more than 1,000 Rite Aid stores
The sale transactions are subject to approval by the U.S. Bankruptcy Court for the District of New Jersey. The court is scheduled to conduct a hearing to approve the sales on Wednesday.
New York Post on MSN · 1d
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, with more customers refilling their prescriptions online and skipping the extra purchases made throughout the rest of the drug store.
2don MSN
Walgreens stores in Ohio, 16 other states to close amid $3 billion loss. Here's where, when
Walgreens plans to close 500 stores this year following a $3 billion loss last year. Here are the Ohio and U.S. locations ...
Healthcare Dive
1d
Rite Aid sells upwards of 1,000 stores to CVS, Walgreens, others
Rite Aid plans to sell the majority of its pharmacies to rival drugstore chains. CVS Health is one of the largest buyers, ...

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