The courts have signed off on Rite Aid's plans to sell dozens of stores to CVS Health, according to an announcement from the healthcare giant. | The courts have signed off on Rite Aid's plans to sell ...

CVS Pharmacy has announced its agreement to buy the prescription files of 625 Rite Aid pharmacies across 15 states.

Rite Aid plans to sell the majority of its pharmacies to rival drugstore chains. CVS Health is one of the largest buyers, ...

Rite Aid has sold the pharmacy services of most of its stores across the United States to several rivals. The bankrupt company announced the fire sale Thursday, with CVS Pharmacy, Walgreens, ...

The company received court approval to pursue a rapid-fire sale of its pharmacy assets from more than 1,000 store locations on Thursday.

Walgreens, which has more than six times as many stores as Rite Aid, agreed in March to be acquired by the private equity firm Sycamore Partners. CVS Health also has closed stores. If you purchase ...

Pharmacy chain Rite Aid has ... and CVS have been under pressure as falling drug margins and competition from Walmart and Amazon have led to the closure of hundreds of stores.

According to Rite Aid, all of its distribution centers will close. Other retail pharmacies, such as CVS and Walgreens have also faced headwinds recently, closing stores amid growing competition ...

Similar problems have forced larger competitors — including CVS and Walgreens — to close several thousand U.S. stores in recent years. In the coming months, Rite Aid will transfer customer ...