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Save Mart Set to Close All Pharmacies After Private Equity Purchase



(Save Mart Companies Photo)
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The Save Mart Companies announced this week they are shutting down all in-store pharmacy departments and moving those services to Walgreens.

Save Mart, headquartered in Modesto, operates 89 full-service pharmacies, according to its website.

The move comes nearly six months after Los Angeles-based private-equity firm Kingswood Capital Management acquired The Save Mart Companies.

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