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This bankruptcy is more final than the one Rite Aid filed in 2023. Rather than just a financial reorganization, the company is putting its remaining 1,200-plus brick-and-mortar locations — down from ...
The U.S. pharmacy chain said it plans to keep stores open in the interim. Drugstore chain Rite Aid is filing for bankruptcy again, eight months after emerging from a previous Chapter 11 filing in ...
(WHTM) — Pennsylvania Attorney General Dave Sunday is warning Rite Aid customers that the deadline to use Rite Aid gift cards, coupons, or other rewards is approaching after the retailer announced it ...
Rite Aid has declared bankruptcy for the second time in less than two years, as part of a plan to sell off its pharmacies, ...
Rite Aid's financial struggles have been driven by a combination of tighter profit margins on prescriptions, the rise of online pharmacies and costly legal settlements related to the sale of ...
Rite Aid CEO Matthew Schroeder announced the pharmacy chain would sell all 178 locations in New York come June. Rite Aid's previous restructuring attempt in October 2023 failed to reduce the ...
Rite Aid on Monday announced it is filing for bankruptcy for a second time, barely just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped ...