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Rite Aid selling pharmacy services of more than 1,000 locations as part of bankruptcy
Thousands of Rite Aid customers may soon be visiting a new pharmacy. On Thursday, the national pharmacy chain announced it plans to sell the pharmacy services of more than 1,000 locations to competing pharmacies. If the sales are approved by the relevant bankruptcy court, Rite Aid’s pharmacy services will be transferred to the buyers.
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.
(Reuters) -Healthcare conglomerate CVS Health has bid for a significant number of stores and patient data in the Pacific ...
Rite Aid is telling its vendors that it “has generally stopped purchasing goods and services.” In a letter to customers that ...
More than 100 Rite Aid pharmacies nationwide — including 12 in Oregon — are on the chopping block. The Philadelphia-based ...
The agreements provide for the transition of pharmacy assets to CVS Pharmacy and several other national and local operators, ...
Related: Popular formerly bankrupt retail chain makes brick-and-mortar comeback For over 60 years, Rite Aid has been many ...
Locally there are 12 Rite Aid locations in the San Luis Obispo and northern Santa Barbara County area. The stores are ...
A Rite Aid distribution center in Harford County, Maryland, is expected to lay off more than 300 workers and close its doors ...
URMC is encouraging Rite Aid customers to switch pharmacies as the company is closing locations across the nation. While Rite ...
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