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Rite Aid Prepares to Sell Remaining Assets

Rite Aid Prepares to Sell Remaining Assets
Rite Aid Prepares to Sell Remaining Assets
June 10, 2025  |  Retail

As the June 18 deadline for bidding on the remaining assets of Rite Aid nears, the potential buyers who are looking them over reportedly include...

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Rite Aid Closing Stores and Selling Pharmacy Assets to Rivals
Rite Aid Closing Stores and Selling Pharmacy Assets to Rivals
May 19, 2025  |  Retail

Rite Aid is reportedly closing additional stores while handing off business to rivals. The drugstore chain, which recently filed for bankruptcy for the second time, has...

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CVS Plans Chain of Smaller-Footprint Pharmacy-Focused Stores
CVS Plans Chain of Smaller-Footprint Pharmacy-Focused Stores
March 09, 2025  |  Retail

CVS is reportedly opening 12 smaller-footprint locations focused more on healthcare than consumer products. As The Wall Street Journal (WSJ) reported Sunday (March 9), the...

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CVS Unveils AI-Powered App in New Digital-First Strategy
CVS Unveils AI-Powered App in New Digital-First Strategy
February 12, 2025  |  Healthcare

Digital personalization in the healthcare industry is critical to elevate the customer experience. In keeping with that theme, CVS Health CEO David Joyner identified advancing...

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PYMNTS 2024: Insights From Innovators, Retailers and Industry Trailblazers
PYMNTS 2024: Insights From Innovators, Retailers and Industry Trailblazers
December 26, 2024  |  Innovation

PYMNTS conducts thousands of interviews a year, some with the usual suspects of banks, card networks and FinTechs that define the financial services space, and...

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CVS CEO: ‘Lots of Headwinds in This Market’
CVS CEO: ‘Lots of Headwinds in This Market’
November 06, 2024  |  Earnings

CVS Health’s third-quarter earnings results released Wednesday (Nov. 6) reflected the company’s ongoing efforts to adapt to a changing healthcare and retail environment. As it...

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GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
November 05, 2024  |  Legal & Regulation

Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit...

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Can Retail Pharmacies Survive the Digital Transformation of Healthcare?
Can Retail Pharmacies Survive the Digital Transformation of Healthcare?
October 22, 2024  |  Retail

In the connected economy, retail pharmacies like CVS, Walgreens, and Rite Aid face challenges to their traditional business models. As consumer preferences move toward digital...

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