A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers. Purchase prices were not ...

Rite Aid plans to sell the majority of its pharmacies to rival drugstore chains. CVS Health is one of the largest buyers, ...

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 ...

CVS will close 270 more stores by 2025 to streamline operations, sparking concerns over reduced pharmacy access in vulnerable ...

CVS Health will close 270 stores in 2025, continuing its retail overhaul after shutting 900 locations in recent years. The ...

Now, healthcare companies CVS Health and Walgreens ... demand for frontstore merchandise and rising competition, including from disruptors like Amazon. Rite Aid also struggled to part ways ...

Point-of-care medication dispensing offers a return to a more straightforward approach, common to physician practices ...

Walgreens is implementing widespread automation by using robots in micro-fulfilment centres to fill prescriptions for 5,000 of its stores.

Changes in consumer behavior, technology, and reimbursement systems are accelerating the disappearance of physical stores.

An estimated 80,000 people died from overdoses last year, according to provisional Centers for Disease Control and Prevention ...

Drug store chain Rite Aid announced on Monday that they are filing for Chapter 11 bankruptcy for the second time in less than two years.

Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open and the company will "facilitate a smooth transfer of customer prescriptions." ...