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Over the past decade, a confluence of factors has significantly challenged the sustainability of community pharmacies.
Empty shelves and closure signs mark the end of two more Rite Aid locations in Santa Barbara, following four closures last month.
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.
A once-popular retailer is closing 17 additional locations in six states following its second bankruptcy filing.
The former Rite Aid property on the corner of Corporate Boulevard and Jefferson Highway near Towne Center is being redeveloped. Retail Specialists, a national real estate firm headquartered in ...
CVS has a timeline for rebranding 49 Rite Aid and Bartell Drugs stores it is buying from bankrupt Rite Aid. But prospects for another 61 stores are uncertain.
Walgreens is one of the retailers where Rite Aid will transfer its prescriptions. In May, Rite Aid filed for bankruptcy for a second time to pursue “a strategic and value-maximizing sale process ...
Shareholders of Walgreens Boots Alliance overwhelmingly approved the drugstore chain's $10 billion acquisition by private equity firm Sycamore.
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 ...
Rite Aid in Lemoore transferred to the Walgreens at 12 W. Hanford-Armona Road in Lemoore. 559-925-6510. This story was originally published July 9, 2025 at 2:06 PM.
Rite Aid closed 1,000 stores already, according to reporting from Newsweek, at a time when other major retail pharmacies like CVS and Walgreens are also looking to shrink their footprints.
Walgreens, meanwhile, reached an agreement with Rite Aid to acquire prescription files from some of its pharmacy locations across nine states.