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flag Rite Aid sells over 1,000 pharmacy operations to major chains amid bankruptcy filings.

flag Rite Aid, recently filed for bankruptcy, is selling the pharmacy operations of over 1,000 stores to major chains including CVS, Walgreens, Albertsons, Kroger, and Giant Eagle. flag The sales aim to ensure uninterrupted pharmacy services for customers and preserve jobs for some employees. flag The deals are subject to U.S. bankruptcy court approval, regulatory reviews, and other closing conditions. flag Rite Aid now has fewer than 1,300 locations, after closing 800 stores in recent years.

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