October 16, 2025- CVS Pharmacy announced the completion of its acquisition of select Rite Aid assets nationwide. In total, the company acquired and is now operating 63 former Rite Aid and Bartell Drugs stores in Idaho, Oregon and Washington. CVS Pharmacy also acquired the prescription files of 626 former Rite Aid and Bartell Drugs pharmacies in 15 states. As a result of the transactions, CVS Pharmacy is pleased to be serving more than nine million former Rite Aid and Bartell Drugs patients.
In May, the U.S. Bankruptcy Court for the District of New Jersey approved the sale of select Rite Aid assets to CVS Pharmacy. Following the court’s approval, CVS Pharmacy began moving through the transaction process. The entire process took less than four months and the last transactions, for the acquisition and operation of former Rite Aid stores in Bend, OR and Bainbridge Island, WA, were completed on September 30.