Giant Eagle inks deal with Rite Aid to transfer pharmacy Rxs
Giant Eagle announced an agreement with Rite Aid to transfer pharmacy prescriptions from 78 Rite Aid locations across Pennsylvania and Ohio. Prescriptions will be transferred to the Giant Eagle Pharmacy location most convenient for customers. The company expects to close on the purchase of the prescriptions in waves during the month of June. In two locations, Giant Eagle will assume operations of the existing Rite Aid pharmacy immediately following Rite Aid’s planned departure from those locations, with no planned interruption of store operations.
The agreements between Giant Eagle and Rite Aid are subject to applicable regulatory approvals and other customary closing conditions. Additional details will be available closer to the transaction closing dates in the coming weeks. In the meantime, the two companies are working in close coordination to ensure a smooth and seamless experience for patients. Giant Eagle is proactively reaching out to affected Rite Aid customers to provide clear, timely information and help ensure uninterrupted access to pharmacy products and services.
[Read more: CVS Health gets court approval of Rite Aid asset bids]
“We’re excited to welcome new patients to our Giant Eagle Pharmacy,” said Bill Artman, president and CEO of Giant Eagle. “We pride ourselves on running a nationally recognized pharmacy and drugstore business where our licensed pharmacists and pharmacy technicians are committed to delivering trusted, personalized care. When paired with the value and convenience of our drugstore and supermarket offerings, we’re proud to provide a comprehensive, one-stop shopping experience.”
[Read more: Rite Aid enters into series of sale transactions, including with CVS Pharmacy]
To support new and existing Giant Eagle Pharmacy patients, the company is actively expanding its pharmacy team and inviting all interested pharmacy professionals to apply for open positions. Those interested are invited to visit jobs.gianteagle.com for more information