A federal judge in New Jersey approved the sale of Rite Aid's pharmacy assets, including prescriptions, to CVS, Walgreens and ...

are bidding for some of the pharmacy's other assets. CVS, which already owns the largest chain of retail pharmacies in the US, agreed to acquire and operate 64 Rite Aid stores in Washington ...

The sale agreements include transitioning pharmacy assets from more than 1,000 Rite Aid locations across the U.S. to CVS Pharmacy ... to closing conditions. The acquisition comes as Walgreens ...

SEATTLE — CVS Pharmacy ... files of 625 Rite Aid pharmacies across 15 states, as well as 64 physical Rite Aid stores in Idaho, Oregon, and Washington. This acquisition follows a bankruptcy ...

The corporation also agreed to acquire the prescription files ... Thibault would not say how much CVS is offering for Rite Aid’s assets, and did not answer questions about whether the chain ...

Editor’s Note: This story was updated on May 19, 2025 to include additional details of the assets purchased by CVS. “A key priority for Rite Aid is to ensure that as many of our loyal customers as ...

Bankrupt Rite Aid on Wednesday received court approval to close stores and sell most of its pharmacy assets in separate ...

Most of Rite Aid’s more than 1,200 stores are expected to close. Rite Aid announced that it had entered into agreements for ...

CVS has agreed to buy the bulk of Rite Aid's pharmacy assets. If approved, CVS would acquire the prescription files for 625 ...

CVS Pharmacy said that it has agreed to acquire the prescription ... purchasing pharmacy assets — Walgreens and Albertsons — attempted to merge with Rite Aid in the last decade but were ...

As Rite Aid solicits bids for its pharmacy assets during the bankruptcy process, customer attrition could significantly diminish their value.

Rite Aid filed for Chapter 11 bankruptcy for the second time in less than two years, announcing plans to sell “substantially all” of its assets.CEO Matt Schroeder attributed the move to mounting ...