More than 70 Rite Aid Stores Set to Close in Pennsylvania
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Grocer also invites impacted employees of drug store chain to apply for available positions at its pharmacies and stores
Albertsons Companies invites Rite Aid customers to easily fill or transfer their prescriptions to the retailer’s more than 1,700 pharmacy locations nationwide. Albertsons Companies invites Rite ...
Albertsons, Kroger and Giant Eagle, among others. CVS Pharmacy will buy and operate many Rite Aid and Bartell Drugs stores in Washington, Oregon and Idaho, Rite Aid said in a filing.
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. “These ...
The grocers Albertsons, Kroger and Giant Eagle—which operate pharmacies at their stores—will buy assets from Rite Aid as well, according to the announcement. The news follows media reports ...
This isn’t the first time Rite Aid tried to sell its business: A look back at 2 unsuccessful mergers
Back in 2018, when Rite Aid was planning to merge with Idaho-based grocer Albertsons, it sent out a notice for a special meeting for shareholders to approve the merger between the two companies.
Rite Aid is closing Idaho stores and selling prescriptions to CVS, Albertsons, and others. Customers can expect closures within months.
The fate of many Rite Aid stores remains uncertain as the bankrupt chain sells off its retail and pharmacy assets. Some stakeholders want more transparency. Countless Rite Aid customers and employees are still waiting to learn the fate of their local pharmacies as the bankrupt drugstore chain sells off its assets and winds down operations.