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The bankrupt drugstore chain is warning that a drawn-out sale process could lead to significant customer attrition that would ...
Pharmacy chain Rite Aid announced on May 5 it began Chapter 11 bankruptcy proceedings. Here's what we know so far about its ...
Drugstore chain Rite Aid has identified dozens of additional stores that it will shutter as it scrambles to sell its pharmacy ...
Rite Aid added 68 more locations to its list of closures in a May 9 filing in the U.S. Bankruptcy Court for the District of New Jersey.
The latest filing comes less than eight months after the drugstore chain exited Chapter 11 bankruptcy under a new private ...
Bankrupt U.S. pharmacy chain Rite Aid on Wednesday received court approval to pursue a rapid-fire sale of its pharmacy ...
Rite Aid's bankruptcy plan, if approved, means that in the coming months all distribution centers will close, and all stores ...
Why is Rite Aid Closing All Stores? Rite Aid's closures stem from a combination of factors, primarily its debt burden and ...
The pharmacy chain based in the Navy Yard has been struggling for years. It first filed for bankruptcy in October 2023.
Store closures are being implemented in waves, with some locations closing immediately and others expected to cease operations over the next several months.
Rite Aid’s return to bankruptcy within a year after completing its prior Chapter 11 shows that when critical vendors aren’t ...
Rite Aid will shut at least two NJ stores as part of its Chapter 11 bankruptcy, with 1,000+ closures and 1,122 layoffs on the ...