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CVS Completes Purchase of 63 Former Rite Aid and Bartell Stores, Transfers 626 Prescription Files

A court-directed selloff shifts Rite Aid patients to CVS to preserve pharmacy access.

Overview

  • CVS is now operating 63 former Rite Aid and Bartell Drugs locations in Idaho, Oregon and Washington following a court-approved sale.
  • Prescription records from 626 shuttered pharmacies in 15 states have been transferred to nearby CVS pharmacies, covering more than 9 million customers.
  • More than 3,500 former Rite Aid and Bartell employees have been hired by CVS as part of the conversions.
  • CVS did not disclose the price paid for the acquired stores or the prescription files.
  • Rite Aid’s second Chapter 11 process has led to a broad selloff of pharmacy assets to multiple buyers after the chain closed its remaining stores earlier this month.