CVS to buy dozens of Rite Aid stores in WA, OR, ID

CVS to buy dozens of Rite Aid stores in WA, OR, ID

CVS Pharmacy has announced its plans to acquire hundreds of Rite Aid stores across the country, with many of them operating in Washington and neighboring states.

SEATTLE - CVS Pharmacy has announced its plans to acquire hundreds of Rite Aid stores across the country, with many of them operating in Washington and neighboring states.

The development comes just days after news broke that more than 100 Rite Aid and Bartell Drugs stores would close, including some right here in Washington.

With their bids accepted in bankruptcy court, CVS now turns to an upcoming New Jersey hearing on the approval of their purchase.

Included in the transaction are 64 Rite Aid stores in Washington, Oregon, and Idaho.

Local perspective:

For years, Bartell Drugs, also referred to by locals as Bartell's, and Rite Aid locations have been disappearing in Washington. Nearly five years ago, Rite Aid announced plans to buy Bertell Drugs for $95 million.

What they're saying:

"We’re working closely with Rite Aid on plans to ensure that the transition will be seamless for patients and customers and access to pharmacy care is not interrupted. Once the sale is finalized, we look forward to welcoming Rite Aid colleagues who are interested in applying to join the CVS team," said a representative for the Company on Thursday.

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