Rite Aid first filed for bankruptcy in October 2023. Like many other pharmacies, it fell victim to shifts in consumer habits, with more customers refilling their prescriptions online and skipping the extra purchases made throughout the rest of the drug store.

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

Walgreens is only buying prescription files and not brick and mortar stores among the pharmacy assets being sold across the U.S. by Rite Aid.