CVS Pharmacy has completed its acquisition of select assets of the now-defunct Rite Aid pharmacy chain.
According to the Woonsocket, Rhode Island-headquartered company, it is now operating 63 former Rite Aid and Bartell Drugs stores in Idaho, Oregon and Washington and has acquired the prescription files of 626 former Rite Aid and Bartell Drugs pharmacies in 15 states. CVS Pharmacy also hired more than 3,500 former Rite Aid and Bartell Drug employees.
“We’re excited to have completed the acquisition of select Rite Aid and Bartell Drugs stores in the Pacific Northwest, as well as the acquisition of prescription files of hundreds of Rite Aid and Bartell Drugs pharmacies across 15 states,” said Len Shankman, executive vice president and president of pharmacy and consumer wellness at CVS Health. “We’re helping maintain and expand access to convenient and trusted pharmacy care across the US and growing our retail footprint and presence in local communities. From our innovative pharmacy care programs to our exclusive store brand products, we look forward to showing Rite Aid and Bartell Drugs patients and customers all that CVS has to offer.”
Photo: A former Rite Aid store in Edmonds, Washington, that was sold and converted to CVS Pharmacy.
