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As Rite Aid collapses, customers and other pharmacies bear the impact
It takes Kathy Younkins just a few minutes to walk to her neighborhood Rite Aid. The 67-year-old has picked up her prescriptions at the company’s Harrison location since the 2000s. But now the Philadelphia-based pharmacy empire is crumbling.
The company told employees it will cut jobs after ... from Schroeder. Rite Aid previously filed for Chapter 11 protection in October 2023 after reporting $750 million in losses for the ...
Ahead of its first bankruptcy filing, Rite Aid had been reporting annual losses for several years and faced financial risks from lawsuits over opioid prescriptions. At the time, the company had ...
Rite Aid filed for bankruptcy on Monday for the second time in less than two years after a previous restructuring reduced the ...
Ahead of its first bankruptcy filing, Rite Aid had been reporting annual losses for several years and faced financial risks from lawsuits over opioid prescriptions. At the time, the company had ...
The pharmacy retailer, one of the largest in the U.S., plans to begin cutting jobs, Bloomberg ... suffered $750 million in losses the previous financial year. Rite Aid used the bankruptcy to ...
Bankrupt U.S. pharmacy chain Rite Aid on Wednesday received court approval to pursue a rapid-fire sale of its pharmacy ...
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