Rite Aid is shuttering more stores after filing for Chapter 11 bankruptcy protection for a second time in two years. The ...

Rite Aid has plans to close at least 13 Washington state locations, including Granite Falls, amid bankruptcy proceedings.

More than 110 stores across 12 states were identified as additional store closures in a Friday court filing. Including previous rounds outlined in court filings, Rite Aid has identified 360 stores for ...

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 ...

PBMs have argued that they help keep drug prices down. Rite Aid also saw its debt jump to nearly $4 billion following legal challenges and a multi-million dollar settlement with the US government ...

Issues with pharmacy benefit managers and reimbursement rates are a contributing factor to the closures seen in Rochester and ...

“While we have continued to face financial challenges, intensified by ... Wharton & Garrison LLP is serving as legal advisor, to Rite Aid during its Chapter 11 proceedings and sale.

Scranton-founded, Navy Yard-based Rite Aid will start closing its remaining stores this month. Plus, Sixers exec Daryl Morey ...

Rite Aid has filed for bankruptcy protection for the second time in less than two years, announcing plans to sell substantially all of its assets while working to ensure a smooth transfer of ...

Amid Rite Aid’s bankruptcy news this week ... financial, and operational challenges that significantly impaired its front-end business relative to its business plan. The filing noted ...

However, they’ve struggled to keep up with Amazon, Target and other retailers and have also had issues with theft, which has chipped away their profitability. Rite Aid on Monday announced it is ...