CVS to acquire, close, Phred’s Drug

WOONSOCKET — CVS Health Corp. will acquire Phred’s Drug at 1300 Oaklawn Ave. in Cranston, including pharmacy files, insurance and inventory, transferring the information and stock to the acquiring company’s nearby store and shutting the 63-year-old business down Nov. 29, CVS announced Monday. Phred’s Drug customers will be able to pick up and drop off…

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