Rite Aid comes out of bankruptcy, is now a private company
WEBSep 4, 2024 · PHILADELPHIA (CBS) -- Months after pharmacy chain Rite Aid filed for bankruptcy and got fresh financing amid struggling sales and opioid-related lawsuits, the company says it has completed its...
Rite Aid bankruptcy plan approved, cutting $2 billion in debt
WEBJun 28, 2024 · Rite Aid, a pharmacy chain, emerged from bankruptcy in June 2024 after closing hundreds of stores and selling its pharmacy benefit company. The company also settled with its lenders, McKesson and...
Rite Aid's answer to Compton retail theft: Lock up all products
WEB21 hours ago · Eva Guzman, 76, was brought to the Rite Aid pharmacy by her daughter, 54-year-old Eva Martinez, to get her vaccinations. Gomez said she first heard about the store’s change on the news.
Newsroom Home | Rite Aid
WEBFind out the latest news and updates from Rite Aid, a leading drugstore chain with over 1,300 stores and 4,000 pharmacists. Learn about its restructuring, partnership with Instacart, new ad campaign and more.
Rite Aid to operate as private company as it emerges from …
WEBStory by Reuters. • 2d. (Reuters) - U.S. drugstore chain Rite Aid said on Tuesday it would operate as a private company as it successfully completed its financial restructuring and emerged from ...
Rite Aid Averts Total Closure, Wins Restructuring Plan Approval
WEBJun 28, 2024 · Rite Aid Corp. has been cleared to exit bankruptcy after winning court approval on a restructuring plan that’s poised to save the ailing pharmacy chain from liquidation by handing control of...
Rite Aid shutting down 27 more locations, bringing closure total …
WEBJun 20, 2024 · Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in Ohio and Michigan. More than 520...
Rite Aid closing dozens of additional stores. Here's where.
WEBJul 15, 2024 · Rite Aid has identified additional stores targeted for closure, as the ailing pharmacy chain looks to exit bankruptcy after winning court approval for a restructuring plan late last month....
Rite Aid lays out plan to close 154 stores initially as it seeks ...
WEBOct 20, 2023 · Rite Aid plans to close about 7% of its stores initially, as the drugstore chain makes its way through its Chapter 11 bankruptcy process. The company submitted a list of 154 stores in a court filing. Most of the chain’s stores are on the East and West coasts, and the list reflects that.
Rite Aid reaches bankruptcy settlement with lenders, DOJ, …
WEBMar 26, 2024 · Pharmacy chain Rite Aid has reached a settlement with its lenders, the U.S. Department of Justice, and drug supplier McKesson Corp, clearing a path for Rite Aid to complete its bankruptcy...