Rite Aid’s return to bankruptcy within a year after completing its prior Chapter 11 shows that when critical vendors aren’t ...

Rite Aid first filed for bankruptcy in October 2023, becoming a casualty of a miserable environment for drug stores, exacerbated by its runner-up status to bigger chains and expensive legal ...

Rite Aid first filed for bankruptcy in October 2023, becoming a casualty of a miserable environment for drug stores, exacerbated by its runner-up status to bigger chains and expensive legal battles ..

Rite Aid has declared bankruptcy for the second time in less than two years, as part of a plan to sell off its pharmacies, inventory, and other assets. The Philadelphia-based pharmacy chain officially ...

The company’s legal battles over opioid prescriptions also added billions of dollars in debt. Although Rite Aid shed $2 billion in its last bankruptcy, the move was not enough to rebuild its ...

However, they’ve struggled to keep up with Amazon, Target and other retailers and have also had issues with theft, which has chipped away their profitability. Rite Aid on Monday announced it is ...

Rite Aid on Monday announced it is filing for bankruptcy for a second time, barely just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped ...

However, they’ve struggled to keep up with Amazon, Target and other retailers and have also had issues with theft, which has chipped away their profitability. Rite Aid on Monday announced ... bigger ...