Spartan sells assets of area Pharm stores to Rite Aid

Spartan Stores Inc. said Thursday that has a deal with Rite Aid Corp. to sell “certain assets” of 12 of its 14 Pharm stores in northwest Ohio.

Neither Spartan nor Rite Aid officials would discuss the fate of the 12 stores, all of which are in or near metro Toledo. But a spokesman for Spartan, based in Grand Rapids, Mich., said the transaction will provide possible employment opportunities for Pharm employees within the Rite Aid chain. Rite Aid is the nation’s leading drugstore chain.

http://toledoblade.com/apps/pbcs.dll/article?AID=/20080403/BUSINESS03/79...

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