Rite Aid to close additional stores amid bankruptcy filing
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Rite Aid has filed for Chapter 11 bankruptcy to facilitate the sale of most of its assets. Pharmacy services—including prescriptions and immunizati
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 ...
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 ...