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CVS has agreed to acquire some of Rite Aid's locations and prescription files as the latter shuts down hundreds of stores.
In May, Rite Aid filed for its second bankruptcy protection and announced it will be closing or selling the remainder of its 1,200 stores.
Prescriptions were transferred from 115 Perry Highway, Harmony to Walgreens at 234 S. Main St., Zelienople. Prescriptions were transferred from 1334 Windrim Ave., Philadelphia to Walgreens, 112 W.
Shareholders of Walgreens Boots Alliance overwhelmingly approved the drugstore chain's $10 billion acquisition by private equity firm Sycamore. It is a rough era for national pharmacy chains like ...
With many Rite Aid stores closing, some customers have been confused about transferring medications to a different pharmacy.
The locations span North, Central and South Jersey, as well as the Jersey Shore, after the chain’s second bankruptcy since ...
Rite Aid announced it had filed for Chapter 11 bankruptcy again on May 5, the second time since October 2023. Bankruptcy filings have identified 316 store locations Rite Aid has tapped for closure.
The Deerfield, Illinois, company had already shed about a thousand U.S. stores since it grew to nearly 9,500 after buying some Rite Aid locations in 2018.
Rite Aid, Walgreens, Authentic Brands, and WHP declined to comment. Marquee Brands and representatives for Kardashian did not respond to requests for comment.
Walgreens will close more than 1,000 stores through 2027 and Rite-Aid filed for bankruptcy protection in May, it's second trip to bankruptcy court in as many years.