Rite Aid, which filed for Chapter 11 bankruptcy in October 2023, recently updated its restructuring plans amid ongoing financial distress. This marks its second bankruptcy filing in recent years. The ...

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 has filed for Chapter 11 bankruptcy to facilitate the sale of most of its assets. Pharmacy services—including ...

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 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 ...

Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open for pharmacy services over ...

Rite Aid notified Harford County Executive Bob Cassilly and the Department of Economic Development on Wednesday that the 850,000-square-foot facility in Perryman would cease operations ...

Rite Aid customers in the tri-state can expect their local store to close or change ownership in the next few months, as the ...

This includes those who may be impacted by Rite Aid store closures or other changes to their local pharmacy’s operations. "Pharmacists are deeply embedded in their neighborhoods, and I know how ...

The going-out-of-business sales have not started at most Rite Aid locations yet. But changes are already impacting daily ...

Pharmacy chain Rite Aid has begun Chapter 11 bankruptcy proceedings ... has acquired $1.94 billion in new financing to keep stores operational during the bankruptcy proceedings and potential ...