The deal gave a jolt to Fred's stock, which has been struggling since a previous effort to acquire some Rite Aid stores failed.

“We look forward to partnering with Walgreens to transition our pharmacy patients in these locations as smoothly as possible.” “With this agreement, we have taken a major step towards achieving one of our main goals of eliminating our debt balance,” said Joe Anto, interim CEO and CFO of Fred’s. Once the transaction is complete, Fred’s will operate approximately 162 pharmacies across nearly 600 stores. In a separate deal also announced this week, Walgreens is acquiring the pharmacy files of 185 units of the Memphis-based general merchandise discounter Fred’s Inc.įred's plans to use proceeds of approximately $165 million to address debt, and said it would continue to operate its retail stores at most of these locations after the pharmacies close.

Stater earlier this year said it was expanding a generic prescription program to better serve pharmacy customers but Van Helden acknowledged CVS would provide “customers with the resources and services needed to continue their healthcare regimen.”ĬVS is expected to interview many of the SuperRX pharmacy employees. The SuperRX units were located in stores in Palm Springs, Fullerton, Temecula, Lake Forest, Huntington Beach, Encinitas, Poway, Chino Hills, Corona, Moreno Valley, Beaumont, Wildomar, Fontana (two locations), Adelanto, Winchester, Apple Valley, San Jacinto, Highland, Chino, Moreno Valley and Carlsbad. Stater operates 171 stores overall in California’s Inland Empire. Stater Bros.-which is in the midst of a renovation spree that saw five units reopen this month with new lighting and features like expanded grab-and-go foods, sushi and bulk foods-said its stores will remain open while the company converts the former pharmacy space. We remain committed to providing our valued customers with the very best grocery shopping experience.” “This business decision will allow the company to grow areas of our core food business that meet the evolving food needs and shifting grocery preferences of our customers. is a strong and competitive company within the Southern California supermarket landscape poised for continued growth,” Stater Bros. The San Bernadino, Calif.-based food retailer said it expects to complete the sale of pharmacy records and inventory to nearby CVS stores shortly and that SuperRX pharmacies in Stater stores will close by Sept. Markets is winding down its 22 SuperRX pharmacies currently operating in its stores and said it will redeploy the space to meet emerging food trends. Lots of great deals over the Holliday's I do a fair amount of shopping at this store and the rest at The Ramona.Stater Bros. Stater Bros in Poway is a great supermarket when I'm in that part of town. There is always great service and products just like every stater bros around. This Stater Bros has wonderful sushi! They even have a great selection after 8 pm. I never had a problem here until last week, almost everyone working that day had a rude attitude, first the lady working the deli didn't want to help me and just pointed at something and said. We usually shop in the Rancho Peñasquitos States Brothers, but the Poway store was handy 9n a recent shopping trip in Poway.

I just wanted to take the time & say this stater brothers has some of the best workers ! I haven't had a bad experience! Also, you guys have to try the fried chicken in there food area ! Family.

Stater bros poway