On May 21, a federal judge approved Rite Aid’s bankruptcy plan to close stores and sell most of its pharmacy assets to other national chains, according to court documents reviewed by Becker’s. CVS, ...

Bankrupt Rite Aid on Wednesday received court approval to close stores and sell most of its pharmacy assets in separate ...

CVS has agreed to buy the bulk of Rite Aid's pharmacy assets. If approved, CVS would acquire the prescription files for 625 ...

Rite Aid workers who were laid off said in a new putative class action that the company violated federal law by failing to ...

Rite Aid has sold the pharmacy services of most of its stores across the United States to several rivals. The bankrupt company announced the fire sale Thursday, with CVS Pharmacy, Walgreens, ...

The pending sale of millions of customer health records as part of Rite Aid Corp.‘s bankruptcy proceedings is putting a ...

Eight Rite Aid stores are included in the company’s initial closure list. The chain has filed for Chapter 11 bankruptcy and has told its vendors it’s no longer purchasing goods and services ...

Rite Aid filed for Chapter 11 bankruptcy for the second time in under two years and plans to sell or close all remaining stores. Only four Rite Aid locations remain open in Ohio, significantly ...

After filing for Chapter 11 bankruptcy protection for a second time this week, Rite Aid is already planning to wind down operations at underperforming locations in at least nine states ...

USA TODAY is reporting that two Rite Aid locations in Washington have been identified as part of a "first wave of closures" following the company's announcement that it will be entering Chapter 11 ...

“I love this store and I'm very disappointed,” one New York-based customer said about the closing of their local Rite Aid Michael Nied has been a digital news editor with PEOPLE since 202 ...

Rite Aid revealed that it has secured nearly $2 billion in financing to maintain operations during the bankruptcy process.