Rite Aid Business Sales History

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Rite Aid Is Selling 1,000 Stores to Competitors

Rite Aid Is Selling 1,000 Stores to Competitors, Including CVS and Walgreens

Defunct pharmacy chain Rite Aid is offloading assets, including over 1,000 stores. Seeing an opportunity, several other retailers, including longtime rivals, are lining up to buy them. So far, CVS Pharmacy is taking the lion’s share.

USA TODAY · 1h

Rite Aid to sell pharmacy assets to CVS, Walgreens, Kroger and more amid bankruptcy

The company received court approval to pursue a rapid-fire sale of its pharmacy assets from more than 1,000 store locations on Thursday.

The Boston Globe · 3h

CVS bids on Rite Aid stores and patient data

The corporation also agreed to acquire the prescription files of 625 Rite Aid pharmacies across 15 states in areas that CVS serves, a spokeswoman said.

Penn Live3d

This isn’t the first time Rite Aid tried to sell its business: A look back at 2 unsuccessful mergers

While this may be the last time Rite Aid tries to sell its business, it’s certainly not the first. In fact, the drugstore chain has been attempting mergers and sales for more than a decade.

15h

Rite Aid Sale of Customer Health Data Looms as Security Concern

The pending sale of millions of customer health records as part of Rite Aid Corp.‘s bankruptcy proceedings is putting a ...

The Real Deal9d

Bankrupt Rite Aid to market 1.3K stores, including dozens in LA County

After filing for its second Chapter 11 bankruptcy in two years, Rite Aid shoved 1,245 ... and value-maximizing sale process for substantially all of its assets,” L.A. Business First reported.

Penn Live8d

Rite Aid is going out of business: What we know about prescriptions, gift cards, more

Why did Rite Aid file for bankruptcy? Rite Aid said on Monday it is pursuing “a strategic and value-maximizing sale process for substantially all of its assets.” The drugstore chain said in ...

Newsday11d

Rite Aid returns to bankruptcy protection as it seeks to sell most assets

Rite Aid is again ... it through the sale and bankruptcy proceedings. The company initially filed for bankruptcy protection in October 2023, with plans to sell parts of its business and ...

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