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Rite Aid offloads pharmacy assets of 1,000 locations

Rite Aid offloads pharmacy assets of 1,000 locations to several rivals

Rite Aid has sold the pharmacy services of most of its stores across the United States to several rivals. The bankrupt company announced the fire sale Thursday, with CVS Pharmacy, Walgreens, Albertsons and Kroger scooping up Rite Aid’s pharmacy services at more than 1,000 locations.

Reuters on MSN · 2d

Rite Aid to sell 1,000 pharmacy assets to CVS, Walgreens and others

Bankrupt U.S. pharmacy chain Rite Aid on Thursday said it agreed to sell pharmacy assets from more than 1,000 store locations in separate transactions to CVS Pharmacy, Walgreens, Albertsons, Kroger and Giant Eagle,

The Seattle Times · 2d

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 experts warning that the ubiquitous brand could disappear.

1don MSN

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 ...

Zacks Investment Research on MSN4d

CVS Health Stock Rallies 38% in May: Is it a Buy Amid PBM Pressure?

CVS Health CVS shares have rallied nearly 38% so far this month, driven by the company’s stronger-than-expected first-quarter ...

2don MSN

For this CVS Health developer, making tech more accessible is personal

Apple’s ‘Accessibility Nutrition Labels’ will put investments in inclusive design in the spotlight. But Cory Joseph says ...

2don MSN

Rite Aid to sell dozens of Pacific Northwest pharmacies to rival chain, close hundreds nationwide

Rite Aid plans to close hundreds of its U.S. pharmacies but said it would sell some in the Pacific Northwest to CVS Pharmacy.

Former CVS pharmacist: Understaffing causing medication errors

A former Indianapolis CVS employee says understaffing is causing frequent medication mistakes at a near north side store ...

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