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 ...

Rite Aid is closing forty-seven stores in Pennsylvania ... In a recent bankruptcy filing, it named the first 47 initial closings: ...

Locations set to close in the first wave Apart from the stores to be auctioned, Rite Aid laid out a list of locations it plans for a first wave of closures. According to the docket, the plan still ...

This is not Rite Aid’s first time at the Chapter 11 rodeo. The company knows from its bankruptcy in 2023 that the longer it takes to secure deals with buyers, the more pharmacy customers it’s ...

While this may be the last time Rite Aid tries to sell its business, it’s certainly not the first. In fact, the drugstore chain has been attempting mergers and sales for more than a decade.

Rite Aid has filed for bankruptcy for the second time in less than two years. The drug store chain announced Chapter 11 proceedings on Monday, stating in a press release that they are "pursuing a ...

and Rite Aid ultimately sold Elixir during its first bankruptcy. As a result of all this, the local pharmacy — whether independently owned or controlled by a giant chain — is an increasingly ...