Rite Aid, which filed for Chapter 11 bankruptcy in October 2023, recently updated its restructuring plans amid ongoing financial distress. This marks its second bankruptcy filing in recent years. The ...

The going-out-of-business sales have not started at most Rite Aid locations yet. But changes are already impacting daily ...

Store closures are being implemented in waves, with some locations closing immediately and others expected to cease operations over the next several months.

Rite Aid has filed for Chapter 11 bankruptcy to facilitate the sale of most of its assets. Pharmacy services—including ...

Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open for pharmacy services over ...

For its 2023 bankruptcy, which ended last fall, Rite Aid blamed macroeconomic factors ... the drugstore chain says its front-of-store retail operations are largely at fault. In a letter sent ...

This includes those who may be impacted by Rite Aid store closures or other changes to their local pharmacy’s operations. "Pharmacists are deeply embedded in their neighborhoods, and I know how ...

Rite Aid on Monday announced it is filing for bankruptcy and looking for a new buyer, just seven months after exiting Chapter ...

After announcing that it would be entering Chapter 11 bankruptcy proceedings, Rite Aid is now slated to begin a process of auctioning off most of its locations. "As we move forward, our key ...

Rite Aid says it has secured $1.94 billion in new financing from existing lenders to stay operational during bankruptcy proceedings. Rite Aid, the third-largest standalone pharmacy chain in the U ...

Rite Aid customers in the tri-state can expect their local store to close or change ownership in the next few months, as the ...