In 2017, when a lifeline merger with Walgreens fell apart, Rite Aid management made the fateful decision to sell almost 50% of its stores—more than 2,000 locations in all—to Walgreens for $5. ...

It has been a rough stretch for large pharmacy chains. CVS, Walgreens and Rite Aid are all in the midst of mass closures, and Rite Aid recently filed for bankruptcy for the second time in as many ...

CVS, Walgreens and Rite Aid are eliminating some locations as they face rising competition for these items from Amazon, big-box stores with pharmacies like Walmart, and Dollar General in rural areas.

Walgreens has 8,200 U.S. stores and Rite Aid has 4,500. Even a divestiture of up to 1,000 stores would make Walgreens larger than CVS Health and its 9,600 pharmacies. Editorial Standards Reprints ...

Pharmacy chain Walgreens and reality star turned entrepreneur Kourtney Kardashian are among those picking over the remaining assets in Rite Aid’s bankruptcy, according to two people familiar with the ...

Walgreens Boots Alliance (WBA) is buying rival Rite Aid (RAD). If the deal passes muster with investors and regulators that would leave just one major drugstore rival: CVS Health. Walgreens ...

A $10 billion mega-merger between two of the nation's largest drug stores is no more. Walgreens and Rite Aid announced Thursday that they are no longer combining forces. Not entirely, at least.

DEERFIELD, Ill., May 09, 2025--(BUSINESS WIRE)--In light of Rite Aid's recent bankruptcy filing, Walgreens is committed to assisting Rite Aid customers and employees who are impacted by store ...

Reporting from NEW YORK — Walgreens has ended its takeover pursuit of rival Rite Aid following resistance from U.S. regulators and instead will buy stores, distribution centers and inventory in ...

Oct 19 (Reuters) - Walgreens Boots Alliance (WBA.O), opens new tab has agreed to pay $192.5 million to settle a class action lawsuit by investors in Rite Aid (RADCQ.PK), opens new tab who accused ...

Walgreens WBA-0.44%decrease; red down pointing triangle Boots Alliance Inc. and Rite Aid Corp. scrapped their $9.4 billion merger agreement, the latest in a series of high-profile deals to be ...

Walgreens, the biggest U.S. drugstore chain, on Tuesday confirmed it would buy Rite Aid (RAD) for $9.41 billion in cash. The Wall Street Journal first reported news of the deal. Walgreens says it ...