Rite Aid, which filed for Chapter 11 bankruptcy in October 2023, recently updated its restructuring plans amid ongoing financial distress. This marks its second bankruptcy filing in recent years. The ...

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, ...

Store closures are being implemented in waves, with some locations closing immediately and others expected to cease operations over the next several months.

“It’s an awful lot to digest.” Rite Aid customers can expect their local store to close or change ownership in the next few months, according to the AP. The company plans to sell customer ...

Rite Aid has filed for Chapter 11 bankruptcy to facilitate the sale of most of its assets. Pharmacy services—including ...

Rite Aid is closing all of its stores after filing ... in financing to keep its other locations open to keep stores operational during bankruptcy proceedings and a potential sale.

Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open for pharmacy services over ...

For its 2023 bankruptcy, which ended last fall, Rite Aid blamed macroeconomic factors ... the drugstore chain says its front-of-store retail operations are largely at fault. In a letter sent ...

Rite Aid on Monday announced it is filing for bankruptcy and looking for a new buyer, just seven months after exiting Chapter ...

The law requires certain employers to provide advance notice before implementing mass layoffs, plant closures, or significant operational transfers. Rite Aid plans ... to close or change ownership ...

The going-out-of-business sales have not started at most Rite Aid locations yet. But changes are already impacting daily ...