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

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.

Above: Rite Aid deadline for returns approaching. (WHTM) — Rite Aid says they have a buyer for the pharmacy assets of more than 1,000 stores. The ailing Philadelphia-based pharmacy chain anno… ...

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 also explored sale offers. Walgreens attempted to buy it for about $9.4 billion a decade ago, when Rite Aid ran more than 4,600 stores.

PHILADELPHIA, PA — Rite Aid Corporation announced the signing of multiple sale and transition agreements on May 15, marking a significant step in the company’s restructuring process.

Rite Aid also explored sale offers. Walgreens attempted to buy it for about $9.4 billion a decade ago, when Rite Aid ran more than 4,600 stores. But the larger drugstore chain eventually scaled ...

Rite Aid also explored sale offers. Walgreens attempted to buy it for about $9.4 billion a decade ago, when Rite Aid ran more than 4,600 stores. But the larger drugstore chain eventually scaled ...