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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.
Developers aim to begin work on the gas station and convenient store as soon as possible with the goal of opening within six ...
After closing hundreds of stores and facing ongoing challenges, Rite Aid looks for a buyer while preparing to sell its remaining inventory and essential assets.
Rite Aid workers who were laid off said in a new putative class action that the company violated federal law by failing to ...
CVS has agreed to buy the bulk of Rite Aid's pharmacy assets. If approved, CVS would acquire the prescription files for 625 ...
Rite Aid in Phillipsburg, NJ, is set to close soon amid bankruptcy proceedings. Stay updated on the latest developments and ...
Rite Aid is telling its vendors that it “has generally stopped purchasing goods and services.” In a letter to customers that ...
Related: Popular formerly bankrupt retail chain makes brick-and-mortar comeback For over 60 years, Rite Aid has been many ...
The pending sale of millions of customer health records as part of Rite Aid Corp.‘s bankruptcy proceedings is putting a ...
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