Amid its ongoing bankruptcy, Rite Aid is shutting down a long-running outpost at a prominent city crossroads. The drugstore ...

Rite Aid, which previously filed for Chapter ... adding that the deal was subject to closing conditions. The acquisition comes as Walgreens in the midst of its own wave of store closures.

A federal judge in New Jersey approved the sale of Rite Aid's pharmacy assets, including prescriptions, to CVS, Walgreens and other operators.

For generations of Californians, the name Rite Aid doesn’t just evoke thoughts of prescriptions and convenience goods. It ...