Becker's Healthcare September 30, 2021
Maia Anderson

Walgreens is acquiring the pharmacy business of Bi-Mart, a retail chain headquartered in Eugene, Ore. 

Under the deal announced Sept. 30, Walgreens is getting 56 retail pharmacies in Oregon, Idaho and Washington. Prescription files from most of Bi-Mart’s pharmacy will be transferred to a nearby Walgreens pharmacy. In areas where there isn’t a nearby Walgreens, Walgreens will operate pharmacies within Bi-Mart stores under the Walgreens brand. 

“This decision, while difficult, is strategically important as we move to strengthen our solid financial position and expand our plans for future growth in the Northwest,” Bi-Mart CEO...

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Topics: Mergers & Acquisitions / JV, Pharma, Pharma / Biotech, Trends
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