Rite Aid to purchase Bartell Drugs for $95 million
'Increasingly difficult for a midsize drugstore chain'
Last updated 10/10/2020 at 10:19pm
Bartell Drugs, which has a location in Edmonds at Westgate, has agreed to a sale to Rite Aid for a reported $95 million.
The drugstore said that, over the past few years, it has become increasingly difficult for a midsized drugstore chain to operate independently. Changes in the pharmacy world, business tax increases, and the pandemic "created very strong headwinds for us. We knew we needed to do something to re-shape Bartell's future."
Here's more from a Bartell Drug news release:
"All of us at Bartell Drugs are proud to have served the Puget Sound area throughout four generations of the B...