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Rite Aid’s return to bankruptcy within a year after completing its prior Chapter 11 shows that when critical vendors aren’t ...
Pile on macroeconomic pressures to this and Rite Aid said that “The combined effect of lower-than-expected liquidity from the letter of credit facilities, inventory challenges, strained vendor ...
For now, Rite Aid stores will remain open, but customers may notice dwindling product availability as the company halts new inventory purchases. Retail analyst Neil Saunders predicted a gradual ...
Dozens of Rite Aid stores were put on the chopping block, with a second round of closures announced recently. Is yours on the ...
Rite Aid is telling its vendors that it “has generally stopped purchasing goods and services.” The Pennsylvania drugstore ...
Last week, 47 stores across nine states, including California, were identified in court documents as likely to close as part of the first wave of closures. Court documents filed Friday identified ...
Rite Aid has announced store closures, policy changes, and prescription transfers amid bankruptcy. Here's what this means for ...
Owen McMahon, group vice president of Enterprise Pharmaceutical Purchasing at Rite Aid, issued a letter to customers on the company’s website. “For over six decades, Rite Aid has been a proud ...
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