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

In addition to the 70 stores in Pennsylvania that are slated for closure, Rite Aid also listed six stores in Virginia, five ...

Countless Rite Aid customers and employees are still waiting to learn the fate of their local pharmacies as the bankrupt drugstore chain sells off its assets and winds down operations. Now, at ...

U.S. Bankruptcy Judge Michael Kaplan approved a fire sale for the assets Rite Aid had found buyers for in a court hearing in Trenton, New Jersey, prioritizing the transfer of prescription services ...

including CVS , Walgreens , Albertsons , and Kroger . Rite Aid's attorney Alice Eaton said the quick transfer of pharmacy customers’ prescription files accomplished one of the company’s ...

Rite Aid has sold the pharmacy operations of more than 1,000 of its U.S. stores to major competitors, including CVS Health Corporation ... Despite the asset sales, Rite Aid stated that its ...

Rite Aid aims to sell its customer prescription records to other pharmacies, grocery chains, or retailers with in-house pharmacies. While the company has promised a "smooth transfer" of prescription .

CVS Pharmacy, Walgreens, Albertsons, Kroger, and Giant Eagle were among the successful bidders, the company said. The sale agreements still need to be approved by a court. Rite Aid also said that ...

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 ...