Rite Aid plans to sell the pharmacy assets of its 1,000-plus locations nationwide to several competing chains, including CVS Pharmacy and Walgreens. In a May 15 press release, the now-bankrupt ...

The U.S. Bankruptcy Court of New Jersey approved CVS Pharmacy bids on the prescription files of 625 Rite Aid pharmacies across 15 states in areas that CVS serves, as well 64 Rite Aid stores in ...

The agreements include moving pharmacy assets from more than 1,000 Rite Aid locations across the U.S. to operators that include CVS Pharmacy, Walgreens, Albertsons, Kroger, Giant Eagle and others.

Rite Aid’s massive collapse continues as 11 more stores are now set to disappear. Eleven locations are on the latest list ...

Rite Aid sells pharmacy assets from 1K stores to rivals — including CVS, Walgreens — after second bankruptcy filing By Taylor Herzlich Published May 16, 2025, 1:17 p.m. ET ...

KEY TAKEAWAYS Rite Aid received court approval to sell most pharmacy assets to CVS, Walgreens. Bankruptcy Judge Kaplan prioritized prescription transfers over landlords' concerns in the asset sale.

Last week, Rite Aid announced that it has reached agreements to sell its prescription files for most of its 1,200 retail pharmacies, with successful bidders including CVS, Walgreens, and ...

Similar transfer systems are available at other major pharmacy chains, in part, because Rite Aid's bankruptcy sale agreements included transitioning pharmacy assets from more than 1,000 Rite Aid ...

A Rite Aid spokesperson told Fast Company that the sale of its assets to CVS and other pharmacies “will be implemented on a rolling basis and will take some time.” ...

May 15 (Reuters) - Bankrupt U.S. pharmacy chain Rite Aid on Thursday said it agreed to sell pharmacy assets from more than 1,000 store locations in separate transactions to CVS Pharmacy, Walgreens ...

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