Rite Aid announced on Wednesday that the company had completed its financial restructuring and is emerging from bankruptcy as a private company. "Emergence is a pivotal moment in Rite Aid's history, ...
A former Brooklyn Rite Aid has sold for $10 million, records show, as developers and other companies continue to scoop up the remains of the now-bankrupt pharmacy chain.
The list of Rite Aid drugstores marked for closure continues to grow at a furious pace after the ill-fated pharmacy chain filed for bankruptcy a second time. In a court filing last week, the company ...
Bids are due on Tuesday for companies hoping to acquire Rite Aid’s prescriptions business, which it calls “its most valuable economics assets.” While the pharmacy chain has indicated that there are ...
Rite Aid said it never really had a chance to right itself following its 2023 bankruptcy, saying many vendors failed to live up to agreements to ease their terms. Moreover, the company faced ...
(WJET/WFXP) — Rite Aid has filed for bankruptcy again, less than a year after exiting its first. Bloomberg, citing a letter sent to employees by Rite Aid CEO Matthew Schroeder, reported Monday that ...
Giant Eagle says it will take over the pharmacies of two Rite Aid stores after Rite Aid leaves, but the company didn't provide the locations of those.
Rite Aid is again seeking bankruptcy protection as the struggling drugstore chain says it will try to sell substantially all of its assets. The company said Monday that its stores will remain open as ...
The Rite Aid store at 2962 St. Lawrence Avenue. ST. LAWRENCE, Pa. — Following Rite Aid's turbulent year, which saw the drugstore chain close hundreds of stores nationwide amid a bankruptcy filing, ...
Rite Aid filed for bankruptcy on Monday for the second time in less than two years after a previous restructuring reduced the pharmacy chain’s debt but failed to address its long-term business ...
Rite Aid has filed for bankruptcy for the second time in less than two years. The drug store chain announced Chapter 11 proceedings on Monday, stating in a press release that they are "pursuing a ...