Trader Joe's purchased the former Rite Aid at 1331 Wilshire Blvd in Santa Monica for $22 million, adding a fourth location in ...

Companies are blaming the brick-and-mortar shrinkage on declining foot traffic, shifting shopper habits and inflation.

Rite Aid, the retail pharmacy chain that filed for its second bankruptcy in as many years in May, has identified more than ...

Rite Aid has been hemorrhaging money and struggling to keep up in the competitive retail pharmacy industry amid high inflation, rising costs, and a heap of lawsuits resulting from filling hundreds of ...

Rite Aids across the country shuttered their doors earlier this year due to bankruptcy, leaving several former pharmacies in ...

The closures of Rite Aid, Big Lots, JoAnn Fabrics and Party City had a big impact in 2025 on southcentral Pennsylvania. The ...

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 File for Ch.11 bankruptcy on October 15. Under the plan shareholders get no recovery and shares will be cancelled. There is a stalking horse bid of $575 million for Elixir. Secured ...

Trader Joe’s paid $22M for a former Rite Aid in Santa Monica, betting on infill retail as pharmacy stores hit the market.

At least two Rite Aid stores in New Jersey will be among the first round of closures connected to the retail pharmacy chain’s recent Chapter 11 bankruptcy. Just a day after its May 5 filing in U.S.

Rite Aid and Iron Hill Brewery were among the companies that closed for good this year. Some beloved small businesses also shuttered.