News

A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers, including some of the bankrupt drugstore chain’s rivals. Financial details were not disclosed ...
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 ...
The U.S. pharmacy chain said it plans to keep stores open in the interim. Drugstore chain Rite Aid is filing for bankruptcy again, eight months after emerging from a previous Chapter 11 filing in ...
A Rite Aid store in York County is on the company’s latest list of locations that are closing. The Rite Aid store at 818 U.S. Route 15 in Carroll Township, near Dillsburg, is closing ...
Rite Aid filed for Chapter 11 bankruptcy for the second time in under two years and plans to sell or close all remaining stores. Only four Rite Aid locations remain open in Ohio, significantly ...
Less than a year after Rite Aid finally wrapped up its first bankruptcy proceedings, it’s now reportedly planning to file for Chapter 11 protection a second time. Based on a new report from ...
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’s massive collapse continues as more than 151 stores are now set to disappear. One hundred and fifty-one stores are on the latest closings list that Rite Aid announced in a bankruptcy ...
Philadelphia-based Rite Aid initiated the proceedings in a New Jersey bankruptcy court on Monday. The chain “is pursuing a strategic and value-maximizing sale process for substantially all of ...
Rite Aid is selling its real estate and retail leases for more than 20 locations throughout Maryland and closing a distribution center in Harford County that will cost jobs for hundreds of workers ...
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 ...