Fagen Pharmacy Archives - MMR: Mass Market Retailers

Fagen sells its stores to CVS Health

September 11, 2017 by MMR CVS Health, Fagen Pharmacy 2017, Issue 09-11-2017, Issues

DEMOTTE, Ind. — CVS Health has purchased Fagen Pharmacy’s 20 drug stores in northwest Indiana and northeast Illinois. Terms were not disclosed. Plans call for eight of the stores to be rebannered as CVS Pharmacy by late September. The other 12 are slated to be closed, with their prescription files transferring to nearby CVS pharmacies.

CVS to buy Fagen Pharmacy chain

August 17, 2017 by MMR CVS Pharmacy, Fagen Pharmacy, Gerald Fagen Leading Headlines, Retail News

WOONSOCKET, R.I. — CVS Pharmacy plans to acquire DeMotte, Ind.-based regional drug chain Fagen Pharmacy. Financial terms of the deal weren’t disclosed. CVS said it agreed to buy 20 Fagen drug stores in northwest Indiana and northeast Illinois. Plans call for eight of the Fagen stores to be converted and rebannered to CVS Pharmacy locations