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Rite Aid sells pharmacy assets from 1K stores

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.

New York Post on MSN · 2d

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.

As Rite Aid Closes Stores, Don’t Look For CVS Or Walgreens To Buy Them

News that Rite Aid is sell off its assets amid a bankruptcy doesn’t mean shuttered brick-and-mortar stores will re-open under a CVS Health or Walgreens banner.

Healthcare Dive2d

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, ...

24m

What’s next for Connecticut’s empty Rite Aid stores as closures continue?

As Rite Aid closes more Connecticut stores, experts predict new retailers like Boot Barn, Aldi, and Lidl may fill the vacant ...

2don MSN

Here’s where your Rite Aid prescriptions might end up as stores prepare to close

CVS has agreed to buy the bulk of Rite Aid's pharmacy assets. If approved, CVS would acquire the prescription files for 625 ...

3d

Rite Aid Enters into Series of Sale Transactions to Ensure Continuity of Care

Rite Aid Corporation ("Rite Aid" or the "Company") today announced that it has successfully entered into a series of sale ...

4d

Four Walgreens stores in Connecticut to close in next few days as pharmacy chains cut locations

Walgreens will close four Connecticut stores next week, raising concerns about access to pharmacies as chains downsize ...

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