who owns bartell drugs

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Bartell Drugs, which is being acquired by Rite Aid Corp for $95 million, will remain a “subsidiary company,” a Bartell Drugs spokesperson said. The Bartell Drugs brand name will remain intact.Nov 20, 2020

Who bought Bartell Drugs?

Rite Aid Corp
Bartell Drugs, which is being acquired by Rite Aid Corp for $95 million, will remain a “subsidiary company,” a Bartell Drugs spokesperson said. The Bartell Drugs brand name will remain intact.Nov 20, 2020

Does Walgreens own Bartell Drugs?

Topline. 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.Oct 7, 2020

Is Bartell owned by Amazon?

Starting Tuesday, Amazon has selected the nation’s oldest family owned drugstore chain — Bartell Drugs — to sell their products online.Nov 15, 2016

Why did Bartell Drugs sell to Rite Aid?

Rite Aid buys 130-year-old Seattle-based Bartell Drugs chain for $95 million. Bartell Drugs cited the rising costs of the coronavirus pandemic and Seattle business taxes as factors for the sale to Rite Aid.Oct 7, 2020

Did Rite Aid buy Bartell Drugs?

For months after Bartell Drugs was bought by Rite Aid last October, many pharmacy customers were pleasantly surprised to see few obvious alterations at the 131-year-old drugstore known for its customer service.Aug 11, 2021

Who is the CEO of Bartell Drugs?

In January, Bartell Drugs named a former REI executive, Brian Unmacht (b. 1960), president of the company, and in April 2015 he was named CEO.Oct 28, 2020

Who owns Rite Aid?

Walgreens
In October 2015, Walgreens (WBA) announced it would acquire Rite Aid for $9 per share. Rite Aid’s shareholders approved the deal a few months later in February 2016.

Who owns CVS drug stores?

CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company’s headquarters is in Woonsocket, Rhode Island.

Wikipedia

How much did Rite Aid pay for Bartell Drugs?

$95 million
Try refreshing the page. Rite Aid said it will pay $95 million to buy Bartell Drugs, a family-owned Seattle-based pharmacy chain of 67 drugstores.Oct 7, 2020

Did Walgreens buy Rite Aid?

Walgreens Boots Alliance completed its $4.4 billion acquisition of 1,932 Rite Aid stores and three distribution centers in March after a failed 2015 bid to buy the chain outright.Jun 25, 2018

How much was Bartell Drugs sold for?

$95 million
Bartell Drugs’ stores join Rite Aid’s existing 69 Seattle area stores and will continue to operate under the Bartell Drugs name. The purchase price is $95 million.Oct 7, 2020

What is going on with Bartell Drugs?

Today, we announced our agreement to sell Bartell Drugs to Rite Aid. This was a well-thought-out decision and we would like to tell you what this means to you. First, we are thrilled that the Bartell name and heritage will remain.Oct 7, 2020
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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.

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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.

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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 …

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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

It’s easier than ever to refill prescriptions, manage your family’s pharmacy accounts and view your prescription status. Download our mobile app, or visit our prescriptions page.

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.

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