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.

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.

Rite Aid is planning to shutter locations nationwide, including in states like Pennsylvania, California and New York.

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.

By the early 2010s, after years of industry consolidation, CVS and Walgreens were duking it out for the top spot, each with about 10,000 locations at their peak, and Rite Aid a distant third.

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.

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 ...