Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Health and Wellness > CVS To Buy And Operate 64 Rite Aid Stores In Pacific Northwest
Health and Wellness

CVS To Buy And Operate 64 Rite Aid Stores In Pacific Northwest

Last updated: May 15, 2025 7:43 pm
Share
CVS To Buy And Operate 64 Rite Aid Stores In Pacific Northwest
SHARE

CVS Health has officially confirmed its plans to acquire and operate 64 Rite Aid stores in Idaho, Oregon, and Washington states as part of a bidding process following Rite Aid’s recent filing for bankruptcy protection. This move marks CVS as the largest buyer of Rite Aid stores and pharmacy assets in this acquisition.

In addition to acquiring the physical stores, CVS has also agreed to take over the prescription files of 625 Rite Aid pharmacies across 15 states, with 78 of these pharmacies located in Idaho, Oregon, and Washington. With over 9,000 CVS Pharmacy locations in 50 states and Washington, D.C., this acquisition will further strengthen CVS’s presence in the pharmacy market.

Rite Aid announced a series of sale agreements and pharmacy services transition agreements, which includes the transition of pharmacy assets from over 1,000 store locations across the U.S. to various operators such as CVS Pharmacy, Walgreens, Albertsons, Kroger, and Giant Eagle. CVS will also be taking over the operation of Rite Aid and Bartell Drugs stores in Washington, Oregon, and Idaho as part of these agreements.

This acquisition comes after Rite Aid filed for Chapter 11 bankruptcy protection for the second time in less than two years, leading to the decision to sell off all company assets. While CVS has taken a significant portion of Rite Aid’s assets, it remains unclear whether other buyers like Walgreens will be operating any Rite Aid brick-and-mortar stores or solely acquiring patient prescription files.

During the transition process to CVS, Walgreens, and other buyers, Rite Aid assures customers that stores will remain open, and pharmacy services, including prescription refills and immunizations, will continue without interruption. Rite Aid’s CEO, Matt Schroeder, emphasized the importance of ensuring a smooth transition for customers and preserving jobs for team members during this process.

See also  Retail sales jump as people rush to buy cars before tariffs : NPR

By acquiring the prescription files and pharmacy assets, CVS, Walgreens, and other buyers can avoid taking on additional debt from physical store locations. This strategy is common in the pharmacy industry, where companies often pursue prescription files during bankruptcy proceedings to streamline operations and expand their customer base.

The transaction between CVS and Rite Aid is pending approval from the U.S. Bankruptcy Court for the District of New Jersey, regulatory approvals, and other closing conditions. More details about the acquisition will be revealed following the upcoming hearing on the approval of the sale to CVS Pharmacy.

Overall, this acquisition by CVS Health signifies a significant shift in the pharmacy market landscape and demonstrates CVS’s commitment to expanding its presence and providing seamless pharmacy services to customers in the affected states.

TAGGED:AidBuyCVSNorthwestoperatePacificRitestores
Share This Article
Twitter Email Copy Link Print
Previous Article Dick’s Sporting Goods is buying Foot Locker : NPR Dick’s Sporting Goods is buying Foot Locker : NPR
Next Article Huawei Watch 5 Launches Alongside Fit 4 & Fit 4 Pro Huawei Watch 5 Launches Alongside Fit 4 & Fit 4 Pro
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Earth911 Podcast: Accelerating Adoption of Low-Carbon Concrete with Eco Material Technologies’ Grant Quasha

In today's rapidly changing landscape of trade dynamics and supply chain disruptions, construction companies are…

March 31, 2025

Poker Face Season 2: Five Questions I Have After The First Three Episodes

Poker Face Season 2: Burning Questions After the Premiere Poker Face, the thrilling series from…

May 8, 2025

How is Maurene Comey linked to Jeffrey Epstein? Details explored as Melanie King accuses Diddy prosecutor of “multiple high-profile cover-ups”

Sean "Diddy" Combs, the renowned rapper and music mogul, recently faced a high-profile trial for…

July 3, 2025

How will Man City replace Rodri? John Stones, Mateo Kovcic and the options for Pep Guardiola

Manchester City's title defense has hit a major roadblock with the news that Rodri is…

September 23, 2024

No Body Double: Trump Blasts Fake Melania Theories

Originally published by The Epoch Times: Trump Denounces Fake Melania Theories WASHINGTON—President Donald Trump is…

June 26, 2025

You Might Also Like

Katie Porter verbally abused then-husband in explicit tirade: ‘F–king idiot,’ and ‘too f–king dumb’ to operate a phone, court docs say
World News

Katie Porter verbally abused then-husband in explicit tirade: ‘F–king idiot,’ and ‘too f–king dumb’ to operate a phone, court docs say

October 10, 2025
STAT+: HHS employees to be fired as White House enacts mass terminations it blames on shutdown
Health and Wellness

STAT+: HHS employees to be fired as White House enacts mass terminations it blames on shutdown

October 10, 2025
No, circumcision doesn’t cause autism
Health and Wellness

No, circumcision doesn’t cause autism

October 10, 2025
Analysts Say Micron Has ‘More Room to Run.’ Should You Buy MU Stock Here?
Economy

Analysts Say Micron Has ‘More Room to Run.’ Should You Buy MU Stock Here?

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?