Walgreens has acquired 120 pharmacies from Brookshire Grocery Company.
Brookshire, based in Tyler, Texas, released a statement today announcing the acquisition, which will impact the retailer’s pharmacies located in Texas, Louisiana, and Arkansas. The sale also includes pharmacy customer prescription files and related pharmacy inventory. Most of the pharmacies will operate under the Walgreens name inside Brookshire Grocery locations.
“We are excited to take this next step with Walgreens to strengthen our pharmacies and further our commitment to our employee-partners and customers that make up our BGC family,” said Brad Brookshire, chairman and CEO of Brookshire. “The pharmacy industry has become increasingly complex over the past few years, and it was important to us to find a business leader that has the capabilities to focus on providing exceptional pharmacy services and value to our customers.”
According to the agreement, some Brookshire pharmacies will close, and those patient files will either be transferred to a local Brookshire pharmacy or a nearby Walgreens.
Eligible Brookshire employees will be offered jobs with Walgreens Boots Alliance, and customer prescriptions will be automatically transferred to the Northbrook, Ill., company’s database.
“Walgreens has a long history of serving communities throughout the U.S., and we look forward to providing BGC’s customers with greater access to a wide range of trusted pharmacy and healthcare services,” said Brad Ulrich, vice president of Pharmacy and Retail Operations for Walgreens. “Our pharmacists are playing a critical role in healthcare today, and we truly value the importance of the pharmacist-patient relationship. As part of our commitment to ensuring a seamless transition, we’re excited to also be providing employment opportunities for BGC’s existing pharmacy staff.”