Rite Aid has confirmed CVS will take over the operations of many of the Rite Aid and Bartell Drugs locations closing in ...

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 ...

Details of the Bartell’s transaction, which is part of a broader move by Rite Aid to offload operations after a ... Among the challenges: changes in the prescription drug business, new ...

Rite Aid, which filed for bankruptcy earlier this month, is selling the pharmacy operations at more than 1,000 of its stores to major chains including CVS, Walgreens, Albertsons, Kroger and Giant ...

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 ...

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

(WTAJ) — If you have prescriptions at Rite Aid, you could see a big change coming due to another ... will still be open and operational for shopping as well as Rite Aid online.

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 company, which currently operates 1,240 stores across 15 ...

Rite Aid is closing all of its stores after filing ... in financing to keep its other locations open to keep stores operational during bankruptcy proceedings and a potential sale.

The law requires certain employers to provide advance notice before implementing mass layoffs, plant closures, or significant operational transfers. Rite Aid plans ... to close or change ownership ...

The company is currently in active discussions with multiple potential buyers. To support operations during the sale process, Rite Aid has secured commitments from certain existing lenders to access ...