Flash ReportWalgreens Boots Alliance Bags Over 60 Shopko Stores After Bankruptcy Court Approves Bids Coresight Research January 30, 2019 Executive SummaryWisconsin-based retailer Shopko recently announced it would exit the pharmacy business and sell off its assets as part of a financial restructuring. These are the highlights of the asset sale and the retailers acquiring the assets: Walgreens Boots Alliance (WBA), CVS Health (CVS) and Albertsons led a group of over 20 drugstore and retail chains that bid for the prescriptions and other pharmacy assets belonging to bankrupt retailer Shopko. WBA secured 63 pharmacies, the highest number among all the companies that bid, followed by CVS (which acquired 13) and Albertsons (which acquired seven). Shopko auctioned 120 pharmacy assets or stores in total. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: May 2025 US Retail Sales: Core Sales Growth Proves Solid Despite Pull-Forward of PurchasesUnlocking Success: The Pathway to Profitability for US Brands and RetailersThe Future of AI, Supply Chains and Sustainability: Insights from CES 2025Financial Sentiment Recovers; Tariff Pessimism Improves; Inflationary Trade-Down Persists: US Consumer Survey Insights
