Why is Rite Aid Closing All Stores? Rite Aid's closures stem from a combination of factors, primarily its debt burden and ...

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 ...

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 ...

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

Rite Aid on Monday announced it is filing for bankruptcy and looking for a new buyer, just seven months after exiting Chapter ...

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 ...

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 ...

For its 2023 bankruptcy, which ended last fall, Rite Aid blamed macroeconomic factors ... the drugstore chain says its front-of-store retail operations are largely at fault. In a letter sent ...

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