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Rite Aid filed for bankruptcy on Monday for the second time in less than two years after a previous restructuring reduced the pharmacy chain’s debt but failed to address its long-term business ...
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 ...
It takes Kathy Younkins just a few minutes to walk to her neighborhood Rite Aid. The 67-year-old has picked up her ...
Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open and the company will ...
Rite Aid says a few months for most of its stores. All locations will eventually close or be sold to a new owner. Until then, customers will still be able to fill prescriptions, get immunizations and ...
Bankrupt U.S. pharmacy chain Rite Aid on Wednesday received court approval to pursue a rapid-fire sale of its pharmacy ...
The company received court approval to pursue a rapid-fire sale of its pharmacy assets from more than 1,000 store locations on Thursday.
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 ...
“These agreements ensure our pharmacy customers will experience a smooth transition while preserving jobs for some of our valued team members,” Rite Aid CEO Matt Schroeder said in a statement ...
Rite Aid will no longer honor gift cards or accept any returns or exchanges beginning June 5. Jobs to be cut as stores ... after reporting $750 million in losses for the previous fiscal year.