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 ...

Bankrupt U.S. pharmacy chain Rite Aid on Wednesday received court approval to pursue a rapid-fire sale of its pharmacy ...

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 ...

Following the bankruptcy announcement, the company said on its website Monday that Rite Aid Rewards points will no longer be issued for qualifying purchases. All accrued points and BonusCash ...

Eight Rite Aid stores are included in the company’s initial closure list. The chain has filed for Chapter 11 bankruptcy and has told its vendors it’s no longer purchasing goods and services ...

Rite Aid is telling its vendors that it “has generally stopped purchasing goods and services.” In a letter to Rite Aid vendors that was included in its bankruptcy filing, it said it has ...

Rite Aid plans to close four stores in Oregon after announcing it had begun Chapter 11 bankruptcy proceedings on May 5. Rite Aid currently operates 1,240 stores across 15 states and is slated to ...

Rite Aid, the third-largest standalone pharmacy chain in the U.S., was founded in 1962 as Thrif D Discount Center in Scranton, Pennsylvania. The chain now has over 1,200 stores in 15 states from ...

The company announced it “generally” stopped purchasing goods and services, “except for those that it believes are essential …,” according to a letter sent to Rite Aid vendors.

“I love this store and I'm very disappointed,” one New York-based customer said about the closing of their local Rite Aid Michael Nied has been a digital news editor with PEOPLE since 202 ...