Walgreens gets lion’s share of Shopko pharmacies at auction

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Walgreens gets lion’s share of Shopko pharmacies at auction

By David Salazar - 01/28/2019
Walgreens has emerged as the biggest buyer from the auction for the pharmacy assets of roughly 120 Shopko stores. According to recent court filings, the company was the successful bidder on assets from 63 Shopko pharmacy locations, which include inventory and pharmacy files.

Also picking up some pharmacies at the auction were Albertsons, CVS Pharmacy, Hy-Vee, Lewis Drug, Rite Aid and Vogt Pharmacies, among others.

Shopko reportedly expects to generate some $52 million from the auctions.