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Thirteen locations are on the latest list that Rite Aid announced in bankruptcy filings on Friday. The stores are in ...
The seven locations are on the latest list that Rite Aid announced in a bankruptcy filing on Friday. The stores are in ...
Above: Rite Aid deadline for returns approaching. (WHTM) — Rite Aid says they have a buyer for the pharmacy assets of more than 1,000 stores. The ailing Philadelphia-based pharmacy chain ...
As of January 22, 2018, Rite Aid has transferred 625 stores and related assets to WBA, and has received cash proceeds of $1,309.8 million, which it is using to repay all of its $970 million of ...
There are three Rite Aid stores in Stockton; these include locations at 4774 West Lane and 1050 N. Wilson Way, both now show ...
KEY TAKEAWAYS Rite Aid received court approval to sell most pharmacy assets to CVS, Walgreens. Bankruptcy Judge Kaplan prioritized prescription transfers over landlords' concerns in the asset sale.
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 ...
The agreements include moving pharmacy assets from more than 1,000 Rite Aid locations across the U.S. to operators that include CVS Pharmacy, Walgreens, Albertsons, Kroger, Giant Eagle and others.
Rite Aid and WBA expect to continue to transfer ownership of the stores in phases over the coming months, with the goal being to complete the store transfers in spring of 2018.
As of Jan 22, 2018, Rite Aid has transferred 625 stores and related assets to Walgreens, generating net cash proceeds of $1,309.8 million.