Who bought Bartell Drugs?
Does Walgreens own Bartell Drugs?
Is Bartell owned by Amazon?
Why did Bartell Drugs sell to Rite Aid?
Did Rite Aid buy Bartell Drugs?
Who is the CEO of Bartell Drugs?
Who owns Rite Aid?
Who owns CVS drug stores?
How much did Rite Aid pay for Bartell Drugs?
Did Walgreens buy Rite Aid?
How much was Bartell Drugs sold for?
What is going on with Bartell Drugs?
How many locations does Bartell have?
Today, its 67 locations are in King, Snohomish and Pierce counties.
Who is George Bartell’s sister?
George Bartell said the family owners — he and his sister, Jean (Bartell) Barber , their spouses and five children — have been long willing to endure “lean times” to keep the company in the family. “But there’s a limit,” Bartell added.
What is Bartell Drugs?
Bartell Drugs is a family-owned pharmacy chain that mainly serves the Seattle area. The chain is one of the oldest companies in the state. The company was founded in 1890 by George H. Bartell Sr. Currently, the chain has 67 stores across King, Snohomish, and Pierce counties in Washington state.
Why did Rite Aid agree to buy Bartell Drugs?
On Oct. 7, Bartell Drugs announced that Rite Aid will acquire the company. Rite Aid mentioned that the company will continue to operate under the Bartell Drugs name as it joins Rite Aid’s 69 Seattle area stores. The deal’s transaction price is $95 million.
Who owns Rite Aid?
Rite Aid is a drugstore chain in the U.S. with about 2,500 retail pharmacy locations across 19 states. The company also provides pharmacy benefits and services to about 4 million members nationwide through Elixir. The company was originally founded as Thrift D Discount Center in 1962.
Rite Aid COVID testing
Amid the coronavirus pandemic, Rite Aid is also offering COVID-19 testing. In July, the company announced that it expanded the testing capacity to 258 locations with 161 drive-through testing locations. Rite Aid has testing sites across the U.S.
What is Rite Aid’s stock price today?
Rite Aid’s stock price has declined 33 percent year-to-date due to the coronavirus pandemic and the company’s lackluster growth. After the announcement of the Bartell Drugs deal, Rite Aid’s stock price closed 6.6 percent higher on Oct. 7. Investors are likely pleased with the prospects of growth and synergy following the acquisition.
Did Rite Aid buy Bartell?
Rite Aid agreed to acquire the Seattle-area family-owned drugstore chain Bartell Drugs for $95 million, seeking to add scale three years after the Camp Hill, Pa.-based company sold almost half its stores to Walgreens after a failed merger, leaving it in a weaker position in an industry that is consolidating.
Did Walgreens and Rite Aid merge?
Walgreens and Rite Aid canceled their $9.4 billion merger agreement in 2017 following antitrust scrutiny from the Federal Trade Commission amid concerns that the deal would have left the U.S. with two dominant drugstore chains: Walgreens and CVS. The commission reportedly worried the merger would overpower the competition in areas in which both …
How many locations does Rite Aid have?
Rite Aid has 2,500 retail pharmacy locations across 19 states. Rite Aid president and CEO Heyward Donigan told Seattle Times the company hopes to be “your local neighborhood pharmacy.”. Rite Aid trended on Twitter following the announcement as some locals shared their disappointment.
Full-Service Pharmacy
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Everything You Need, Plenty You Want
Bartell’s is not your average drugstore. That means you’ll find way more than your average selection! From local snacks to dish racks, craft glitter to cat litter, beauty tools to…you get the idea.