News

Rite Aid has confirmed CVS will take over the operations of many of the Rite Aid and Bartell Drugs locations closing in ...
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, 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 ...
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 used to be a pharmacy juggernaut with 2,100 pharmacies in 17 states, and 60 years of operations under its belt. The Pennsylvania-based company brought in more than $24 billion in annual ...
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 ...
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 ...