Rite Aid says they have a buyer for the pharmacy assets of more than 1,000 stores. The ailing Philadelphia-based pharmacy chain announced Thursday they have entered into a series of sales agreements and pharmacy services transition agreements.

(Reuters) -Healthcare conglomerate CVS Health has bid for a significant number of stores and patient data from bankrupt pharmacy chain operator Rite Aid, Bloomberg News reported on Thursday. Copyright 2025 Thomson Reuters.

Rite Aid (NYSE:US90274J5618=UBSS), the struggling U.S. pharmacy chain, has agreed to sell pharmacy assets from over 1,000 store locations as part of its ongoing bankruptcy proceedings. Buyers include major retailers