Stater Bros. to sell pharmacy business to CVS
Days after Walgreens purchased 185 Fred’s pharmacies for $165 million, Stater Bros. announced on Sept. 12, 2018 that it was selling its in-store pharmacy business. The San Bernardino-based grocer will close all of its 22 SuperRx stores by Sept. 28 at the close of the deal and transfer pharmacy records and inventory to CVS Pharmacy. CVS Pharmacy will close and remerchandise all SuperRx stores during the next few months.
“I’d like to emphasize that Stater Bros. is a strong and competitive company within the Southern California supermarket landscape poised for continued growth. 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. We remain committed to providing our valued customers with the very best grocery shopping experience,” Stater Bros. CEO Pete Van Helden said.
“CVS Pharmacy is committed to providing high-quality and personalized care to patients and we look forward to bringing our innovative pharmacy care programs and services to SuperRx customers,” said Hank Casillas, Division Vice President, CVS Pharmacy. “We’re confident that SuperRx patients will be excited about our unique clinical pharmacy services, medication adherence programs, automatic refills, and the many innovative digital tools we offer to help patients manage their prescriptions.”
Stater Bros. and CVS Pharmacy will work together to ensure the transition is as seamless as possible for patients.