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Rite Aid

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CVS Launching Pharmacy-Only Stores Amid Industry Changes: What To Know CVS Launching Pharmacy-Only Stores Amid Industry Changes: What To Know
CVS Launching Pharmacy-Only Stores Amid Industry Changes: What To Know CVS is opening smaller, pharmacy-only stores nationwide as it tries to change how people access medications and in-person care. The Rhode Island-based company is planning to open nearly 20 of the new locations in 2026, according to a news release on Monday, March 30. The announcement also included the unveiling of a pharmacy-only store in Chicago. The roughly 3,000-square-foot locations are designed to focus entirely on medical care through full prescription services, immunizations, and pharmacist support. Unlike most CVS stores, pharmacy-only locations won't have s…

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by Chris Spiker
Business
Rite Aid Closing 110+ More Stores Amid New Bankruptcy Filing: See Full List Rite Aid Closing 110+ More Stores Amid New Bankruptcy Filing: See Full List
Rite Aid Closing 110+ More Stores Amid New Bankruptcy Filing: See Full List Rite Aid will shut down more than 100 additional stores nationwide as the struggling pharmacy chain moves deeper into bankruptcy. The closings were disclosed in a recent bankruptcy court filing, less than a month after Rite Aid filed for Chapter 11 on Monday, May 5. The Philadelphia-based chain is working to sell off its pharmacies, inventory, and other assets to several potential buyers. Rite Aid said it has secured $1.94 billion in new financing to keep locations open during the bankruptcy process. Pharmacy services and immunizations will continue in-store and online. The lates…

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by Chris Spiker
Business
Rite Aid Files For Bankruptcy As Pharmacies Struggle: What It Means For Your Prescriptions Rite Aid Files For Bankruptcy As Pharmacies Struggle: What It Means For Your Prescriptions
Rite Aid Files For Bankruptcy As Pharmacies Struggle: What It Means For Your Prescriptions Rite Aid has declared bankruptcy for the second time in less than two years, as part of a plan to sell off its pharmacies, inventory, and other assets. The Philadelphia-based pharmacy chain officially filed for Chapter 11 bankruptcy on Monday, May 5. Rite Aid has entered talks with several potential national and regional buyers. The company said it has secured $1.94 billion in new financing to keep most stores open during the process. Pharmacy services and immunizations will remain available in-store and online. In October 2023, Rite Aid previously filed for bankruptcy …

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by Chris Spiker
Business
CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs
CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs CVS is rolling out a new wave of smaller-format pharmacies in select communities nationwide as it tries to adapt to changes in the retail world. CVS plans to open at least a dozen of these compact pharmacies nationwide in 2025, a spokesperson confirmed to Daily Voice on Monday, Mar. 10. The pharmacy-only locations aim to improve access to medications, immunizations, and pharmacist-provided health care services. Each location will average less than 5,000 square feet, with a full-service pharmacy and a limited selection of over-the-counter products tailored to a community. "By taki…

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by Chris Spiker
Real Estate
Rite Aid Is Selling These Maryland Leases After Filing For Bankruptcy Rite Aid Is Selling These Maryland Leases After Filing For Bankruptcy
Rite Aid Is Selling These Maryland Leases After Filing For Bankruptcy The leases of all six Rite Aid stores in Maryland that are closing amid the recent bankruptcy filing are being sold. A&G Real Estate Partners is acting as the real estate advisor for the pharmacy chain, which filed for bankruptcy on Oct. 15, and has plans to close 154 underperforming stores nationwide. The deadline for the following leases for in Maryland is Monday, Nov. 20: 5808 Ritchie Highway, Baltimore 5 Bel Air South Parkway, Bel Air 728 East Pulaski Highway, Elton 7501 Ritchie Highway, Glen Burnie The deadline for the following leases for in Pennsylvania is Wednesday, Dec. 20: …

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by Cecilia Levine
Business
Massive Eye Drop Recall Expands: 3 Products Added As List Hits 29; Here's New Rundown Massive Eye Drop Recall Expands: 3 Products Added As List Hits 29; Here's New Rundown
Massive Eye Drop Recall Expands: 3 Products Added As List Hits 29; Here's New Rundown Three new products have been added to a  recall of more than two dozen over-the-counter eye drops because of the risk of eye infections that may lead to vision loss or blindness. The now 29 products are from these brands: CVS Health, Leader (Cardinal Health), Rugby (Cardinal Health), Rite Aid, Target Up&Up, and Velocity Pharma. The alert comes after FDA investigators found bacterial contamination in critical drug production areas of a manufacturing facility. The list the US Food and Drug Administration (FDA) provided late last month five Cardinal Health, Inc. p…

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by Joe Lombardi
Business
Stop Using These Eye Drop Products Sold At CVS, Rite Aid, Target Due To Infection Risk: FDA Stop Using These Eye Drop Products Sold At CVS, Rite Aid, Target Due To Infection Risk: FDA
Stop Using These Eye Drop Products Sold At CVS, Rite Aid, Target Due To Infection Risk: FDA Consumers should stop using more than two dozen over-the-counter eye drop products because of the risk of eye infections that may lead to vision loss or blindness. Click here for a new, updated story - Massive Eye Drop Recall Expands: 3 New Products Added As List Hits 29; Here's New Rundown The 26 products are from these brands: CVS Health, Leader (Cardinal Health), Rugby (Cardinal Health), Rite Aid, Target Up&Up, and Velocity Pharma. The alert comes after FDA investigators found bacterial contamination in critical drug production areas of a manufacturing facility. For the comp…

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by Joe Lombardi
Business
Rite Aid To Close These Maryland Stores After Filing For Bankruptcy Rite Aid To Close These Maryland Stores After Filing For Bankruptcy
Rite Aid To Close These Maryland Stores After Filing For Bankruptcy Rite Aid, the pharmacy giant that filed for bankruptcy on Sunday, Oct. 15, plans to close 154 underperforming stores nationwide, according to a new filing.  Some of those closures will be in Maryland. The stores closing are: 5 Bel Air South Parkway, Suite 1347 in Bel Air 728 East Pulaski Highway in Elkton 5624 Baltimore National Pike in Baltimore 5804 Ritchie Highway in Baltimore 7501 Ritchie Highway in Glen Burnie 7967 Baltimore Annapolis Boulevard in Glen Burnie  Rite Aid announced earlier this week that declining sales and rising debt forced the company's hand in filing …

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by Cecilia Levine
Lifestyle
CVS, Rite Aid To Limit Purchases Of Emergency Contraception CVS, Rite Aid To Limit Purchases Of Emergency Contraception
CVS, Rite Aid To Limit Purchases Of Emergency Contraception Some of the nation’s largest drug store chains will be limiting the purchases of emergency contraception amid a recent rise in demand following the Supreme Court’s decision to overturn Roe v. Wade. Both CVS and Rite Aid announced that they will be limiting purchases of Plan B contraceptive pills and After “to ensure equitable access and consistent supply on store shelves,” according to an email obtained by CNN. Moving forward, sales of emergency contraception pills may be limited to three per customer, according to the report. Officials noted that the drug stores "have an ample supply” of…

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by Zak Failla