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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 ...
After announcing that it would be entering Chapter 11 bankruptcy proceedings, Rite Aid is now slated to begin a process of auctioning off most of its locations. "As we move forward, our key ...
Rite Aid on Monday announced it is filing for bankruptcy for a second time, barely just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped ...
Rite Aid has filed for bankruptcy for the second time in under two years as it seeks a buyer. The company said in an announcement that filing for Chapter 11 bankruptcy protection will help to ...
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 customers can expect their local store to close or change ownership in the next few months, as the struggling drugstore chain goes through another bankruptcy filing.The company plans to ...
However, Rite Aid Corp. and its subsidiaries said Monday he company has again commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of New Jersey. The company ...
Rite Aid has filed for bankruptcy for the second time in less than two years. The drug store chain announced Chapter 11 proceedings on Monday, stating in a press release that they are "pursuing a ...
After announcing that it would be entering Chapter 11 bankruptcy proceedings, Rite Aid is now slated to begin a process of auctioning off most of its locations. "As we move forward, our key ...
Rite Aid announced on Monday, May 5 that it had begun Chapter 11 bankruptcy proceedings. The company, which currently operates 1,240 stores across 15 states, will begin a process of selling and ...
Beleaguered pharmacy chain Rite Aid has officially filed for Chapter 11 bankruptcy protection after weeks of media reports suggesting that it was on the cusp of doing so. The bankruptcy is Rite ...
May 7 (Reuters) - Bankrupt U.S. pharmacy chain Rite Aid on Wednesday received court approval to pursue a rapid-fire sale of its pharmacy business, with the company aiming to reach agreements with ...