Rite Aid to sell four N.H. stores in buyout

In order to meet requirements of the Federal Trade Commission, four of 38 Brooks Drugs stores in New Hampshire are being sold as part of Rite Aid’s acquisition of the chain earlier this week.

Following the required divestiture the state will be home to 72 Rite Aid stores.

According to Rite Aid spokeswoman Jody Cook, company officials have agreed to sell the stores in Pelham and Walpole, to the Walgreens chain, as well as in Berlin and Peterborough, to the Medicine Shoppes chain.

The New Hampshire stores are among the 1,854 Brooks and Eckerd stores and six distribution centers along the East Coast and throughout the Mid-Atlantic that were included in Rite Aid’s recent acquisition.

The purchase will make Rite Aid the largest drugstore chain on the East Coast, with a total of more than 5,000 stores in 31 states.

New signage, merchandise, décor, operating systems and informational programs will be among the changes New Hampshire shoppers can expect, according to Cook.

Rite Aid intends to maintain current employees and plans on adding new pharmacy technicians in hopes of enabling pharmacists to spend more time interfacing with customers. – TRACIE STONE

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