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News

More than 70 Rite Aid Stores Set to Close in Pennsylvania

New York Post on MSN · 7d
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.
USA TODAY on MSN · 1d
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 other operators.
Healthcare Dive · 1d
Judge approves Rite Aid pharmacy sales to CVS, Walgreens others
A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers. Purchase prices were not disclosed.
NJBIZ
4d
Walgreens’ latest closures include 2 NJ stores
Walgreens will shut two NJ stores as part of a national turnaround strategy and $10B acquisition by Sycamore Partners.
7d
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, ...

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