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CVS Acquires 64 Rite Aid Stores in the U.S. Northwest

CVS Acquires 64 Rite Aid Stores in the U.S. Northwest

by Mike Duff | May 20, 2025 | Retail Articles

CVS Pharmacy has agreed to acquire and operate 64 Rite Aid stores in Idaho, Oregon and Washington. As Rite Aid’s Chapter 11 bankruptcy proceedings continue, the CVS Health division said it also had acquired the prescription files of 625 Rite Aid pharmacies across 15...
CVS Acquires 64 Rite Aid Stores in the U.S. Northwest

Rite Aid Seeks Chapter 11 Protection Again, Plans Strategic Asset Sale

by Mike Duff | May 6, 2025 | Retail Articles

In a second stint in bankruptcy within a year, Rite Aid Corp. has announced that it is seeking Chapter 11 protection and will attempt to arrange a strategic sale of substantially all of its assets to maximize its remaining value for stakeholders. The company filed its...
2024 in Retail: Navigating Twists, Turns, Transformation

2024 in Retail: Navigating Twists, Turns, Transformation

by Chandler Harvey | Dec 20, 2024 | Retail Articles

Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
Dollar Tree Makes More Executive Changes As It Reviews Family Dollar Plan

Dollar Tree Makes More Executive Changes As It Reviews Family Dollar Plan

by Mike Duff | Nov 14, 2024 | Retail Articles

Dollar Tree, contemplating the reconstituting of its business, has made additional executive moves that could impact how the company approaches its Dollar Tree and Family Dollar store operations. The company has promoted Steve Schumacher to executive vice president...
Where Walgreens Shoppers Plan To Spend After Store Closures

Where Walgreens Shoppers Plan To Spend After Store Closures

by Peter Giannetti | Oct 29, 2024 | Retail Articles

Walgreens shoppers surveyed by market researcher Numerator said they are prepared to switch to other drug chains and mass merchants if impacted by the planned closure of some 1,200 Walgreens stores. Walgreens recently reported it would close 1,200 underperforming...
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