Thank-you notes from customers are taped to the front window at one local store. The show of appreciation brought an ...

The ongoing closure of pharmacies across the country continues to threaten Americans' access to vital medications.

Rite Aid is in bankruptcy for the second time in less than a year. The pharmacy cited "rapidly evolving retail and healthcare landscapes" as challenges to its survival. Experts told BI the chain's ...

Bankrupt U.S. pharmacy chain Rite Aid on Wednesday received court approval to pursue a rapid-fire sale of its pharmacy business, with the company aiming to reach agreements with buyers and get a ...

Rite Aid and Bartell Drugs stores in some states will also be operated by CVS Pharmacy as part of the sale agreements, which were approved on May 21 in the U.S. Bankruptcy Court of New Jersey ...

People walk outside a Rite Aid store on December 21, 2022, in Los Angeles, California. The pharmacy chain announced plans to close five locations in the Sacramento area in 2025. Mario Tama/Getty ...

CVS said in the release that it bid successfully on pharmacy files for 625 Rite Aid locations across 15 states in its existing footprint, as well as 64 store locations in Idaho, Oregon and ...

Rite Aid is shuttering more stores after filing for Chapter 11 bankruptcy protection for a second time in two years. The traditional pharmacy model has been facing various challenges.

Financial details were not disclosed, and sale documents redacted purchase prices for Rite Aid’s assets, which went to retail pharmacy chains like CVS and Walgreens, along with grocers ...

Rite Aid has also terminated pharmacy operations in numerous locations ahead of retail closures, transferring prescription files to competitors such as CVS and Walgreens, often without direct ...

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 ...