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

Rite Aid is shuttering more stores after filing for Chapter 11 bankruptcy protection for a second time in two years. The ...

Philadelphia-based drugstore chain Rite Aid plans to close all of its U.S. locations — including 33 stores in Philly — and ...

Bankrupt U.S. pharmacy chain Rite Aid on Wednesday received court approval to pursue a rapid-fire sale of its pharmacy ...

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 announced more store closures after reportedly agreeing to sell pharmacy assets from over 1,000 locations to various competitors. In the midst of Chapter 11 bankruptcy proceedings ...

PBMs have argued that they help keep drug prices down. Rite Aid also saw its debt jump to nearly $4 billion following legal challenges and a multi-million dollar settlement with the US government ...

But eight months later, Rite Aid found itself back in the same position earlier this month when it filed for bankruptcy a second time, citing unforeseen liquidity issues. At that point ...

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 ...

Pennsylvania Attorney General Dave Sunday is advising Rite Aid consumers to use their gift cards and rewards before they can ...