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As Rite Aid collapses, customers and other pharmacies bear the impact
It takes Kathy Younkins just a few minutes to walk to her neighborhood Rite Aid. The 67-year-old has picked up her prescriptions at the company’s Harrison location since the 2000s. But now the Philadelphia-based pharmacy empire is crumbling.
CVS, Walgreens bid for Rite Aid pharmacy assets
CVS Health Corp. is trying to buy stores and patient data from Rite Aid Corp., the beleaguered pharmacy chain that is going out of business after filing for bankruptcy a second time earlier this month. Meanwhile, other retail giants, including Walgreens Boots Alliance, are bidding for some of the pharmacy's other assets.
Walgreens is offering recruitment events for employees and no-hassle prescription transfers for customers impacted by Rite Aid transitions In light of Rite Aid's recent bankruptcy filing ...
This isn’t the first time Rite Aid tried to sell its business: A look back at 2 unsuccessful mergers
It was October 2015, and Walgreens and Rite Aid had announced a major deal. The transaction of approved would have combined the largest drugstore chain in the United States with the third ...
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