Rite Aid is buying Seattle-based Bartell Drugs in a $95 million deal.
Founded in 1890, Bartell Drugs is a family-owned chain that operates 67 stores in Washington state, and which generates more than $550 million in annual revenue. The retailer fills approximately 5.5 million prescriptions annually across its stores in Seattle and throughout King, Snohomish and Pierce counties.
Bartell Drugs’ stores will join Rite Aid’s existing 69 Seattle area stores and will continue to operate under the Bartell Drugs name.
Source: Retail Leader