The Brief
- CVS is buying out dozens of Rite Aid stores in our region.
- The company won a bankruptcy bid to acquire hundreds of Rite Aids across the country.
- The purchase comes after a recent shake-up in Seattle’s pharmacy market.
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.…