Rite Aid selling pharmacy operations to CVS, Walgreens and others

[Oopsie Daisy]

7. Will the old RiteAid stores become CVS and Walgreens locations?

Or will they simply transfer their prescriptions to another existing location... and close the neighborhood store? I think this will mean fewer locations and interrupted service and care (regardless of Mr. Schroeder says).

“A key priority for Rite Aid is to ensure that as many of our loyal customers as possible continue to receive the pharmacy services and care they require without interruption,” said Rite Aid CEO Matt Schroeder. “These agreements ensure our pharmacy customers will experience a smooth transition while preserving jobs for some of our valued team members.”