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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 ...
Rite Aid is again seeking bankruptcy protection as the drugstore chain looks to sell all of its assets. The company said Monday that its stores will remain open as it starts Chapter 11 bankruptcy ...
Rite Aid customers can expect their local store to close or change ownership in the next few months, as the struggling drugstore chain goes through another bankruptcy filing. The company plans to ...
Rite Aid is filing for bankruptcy — again. Just seven months after emerging from Chapter 11, the drugstore chain is running out of money again and seeking a new owner. Filing for bankruptcy ...
Beleaguered pharmacy chain Rite Aid has officially filed for Chapter 11 bankruptcy protection after weeks of media reports suggesting that it was on the cusp of doing so. The bankruptcy is Rite ...
Since filing for bankruptcy in late 2023, Rite Aid has closed over 800 stores, over a dozen of which were in New England. Now, the national drugstore chain has shared a press release announcing ...
Rite Aid announced on Monday, May 5 that it had begun Chapter 11 bankruptcy proceedings. The company, which currently operates 1,240 stores across 15 states, will begin a process of selling and ...
Now in a new filing (PDF) with the United States Bankruptcy Court for the District of New Jersey dated June 17, Rite Aid has announced even more store closures. This time another 27 stores are on ...
Pharmacy chain Rite Aid has begun Chapter 11 bankruptcy proceedings, the company announced on Monday, May 5. Rite Aid CEO Matt Schroeder pointed to financial challenges that "intensified by the ...
Philadelphia-based Rite Aid is closing dozens of stores in the tri-state area and hundreds more nationwide as it downsizes retail amid bankruptcy. (Kristen Mosbrucker-Garza /WHYY) From Philly and the ...
Rite Aid Corp. is running low on cash and preparing to sell itself in pieces as it heads toward its second bankruptcy, less than a year after the drug-store chain’s emergence from Chapter 11 ...
April 4 (Reuters) - U.S. pharmacy chain Rite Aid is weighing a possible repeat bankruptcy after its recent financial restructuring failed to put the drugstore chain on a sustainable path ...
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