Asked by: Clinton Bagryanskiasked in category: General Last Updated: 14th January, 2020
Which Rite Aid stores will become Walgreens?
Also question is, how many Rite Aid stores did Walgreens buy?
Walgreens has finally figured out a way to buy Rite Aid -- or about half of it, at least. The pharmacy giant said Tuesday that federal regulators have accepted its $4.4 billion deal to buy 1,932 Rite Aid stores. That will leave Rite Aid with about 2,600 stores once the deal is finished.
Subsequently, question is, is Walgreens closing Rite Aid stores? In 2017, Walgreens acquired 1,932 stores from Rite Aid, including all the Rite Aids in West Virginia, in a $4.4 billion deal. So far, 19 Rite Aid stores have closed in West Virginia, and 16 are becoming Walgreens.
Similarly, did Walgreens buy Rite Aid 2019?
Walgreens starts fiscal 2019 with boost from Rite Aid stores. Deerfield-based Walgreens spent more than $4 billion to acquire nearly 2,000 stores from Rite Aid in a deal it closed last year.
Will my Rite Aid become a Walgreens?
Many Rite Aid stores will be converted to the Walgreens brand and system in the coming months. Once stores transition, you will be able to use your Balance Rewards card at these locations.