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 anno… ...

The retail sections of local stores are set to close in the days ahead. Most prescriptions have been transferred to CVS.

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 ...

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.

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.

Thirteen locations are on the latest list that Rite Aid announced in bankruptcy filings on Friday. The stores are in ...

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.

Rite Aid is seeking to sell “substantially all its assets” and has initiated Chapter 11 bankruptcy proceedings for the second time in less than two years to facilitate the process.

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 ...

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 Jan 22, 2018, Rite Aid has transferred 625 stores and related assets to Walgreens, generating net cash proceeds of $1,309.8 million.