11/11/2015 - 12:12pm

A lot was happening in the world of community pharmacy, as we raced to close this issue of Drug Store News — no news bigger than the late October bombshell that Walgreens Boots Alliance would swallow up Rite Aid, in a deal valued at more than $17 billion all in.

11/11/2015 - 12:11pm

Since Walgreens Boots Alliance announced that it would be acquiring Rite Aid, you’ve likely had some questions about it swirling in your head. Here’s what you need to know. 

11/06/2015 - 11:08am

CVS Health is a likely buyer for as many as 85% of any stores that will be required to be sold by Walgreens Boots Alliance/Rite Aid by the Federal Trade Commission. 

11/05/2015 - 5:00pm

Walgreens may have to shutter as many as 3,000 stores in its bid to buy Rite Aid, or 65% of Rite Aid's store base, according to one real estate analyst in a Fortune story published Thursday, including 1,000 locations Walgreens is willing to jettison as part of any FTC negotiation and another 2,000 locations after the merger is complete. "The post-merger Walgreens real estate imperative will be to minimize cannibalization," noted Garrick Brown, VP research at Cushman for the West Region, adding that there are countless Rite Aid and Walgreens locations opposite one another across the country. (Fortune)

11/02/2015 - 3:56pm

The American Diabetes Association estimates that one-third of diabetes patients will develop a skin problem, and many are compounded by poor circulation and high glucose — Skinfix's Diabetic Relief Skincare Regimen aims to help repair damaged skin. 

10/30/2015 - 4:11pm

Walgreens currently operates 8,173 stores in all 50 states plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Rite Aid, meanwhile, operates 4,561 locations across 31 states and Washington, D.C.

10/30/2015 - 2:27pm

Newsday on Friday reported a federal bankruptcy judge approved the sale of 74 pharmacies and assets to CVS Health and Rite Aid in a deal valued collectively at more than $31.4 million. "CVS will purchase the prescription records from 58 stores [and] Rite Aid will purchase the prescription records of 16 stores," the paper reported. (Newsday)

10/30/2015 - 12:56pm

"Competition is essential in every part of our economy, and especially so in a market as complex and important as health care," Sen. Mike Lee, R-Utah, said about Walgreens’ planned acquisition of Rite Aid. 

10/29/2015 - 11:55am

Rite Aid is making some key executive moves even as the company is on the verge of merging with Walgreens in a $17.2 billion deal.