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On May 21, a federal judge approved Rite Aid’s bankruptcy plan to close stores and sell most of its pharmacy assets to other national chains, according to court documents reviewed by Becker’s. CVS, ...
Rite Aid has sold the pharmacy services of more than 1,000 locations across the country to competing chains — including longtime archrivals CVS and Walgreens. In addition to the No. 1 and No. 1 ...
Rite Aid has sold the pharmacy services of most of its stores across the United States to several rivals. The bankrupt ...
It takes Kathy Younkins just a few minutes to walk to her neighborhood Rite Aid. The 67-year-old has picked up her ...
“Unfortunately, these challenges have only intensified as a result of the rapidly evolving healthcare and retail landscape in which Rite Aid operates,” Schroeder wrote. “Rite Aid only ...
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 ...
Rite Aid has announced store closures, policy changes, and prescription transfers amid bankruptcy. Here's what this means for customers.
Rite Aid has been a proud provider of pharmacy services and products to our loyal customers. While we have continued to face financial challenges, intensified by the rapidly evolving retail and ...
Rite Aid is in bankruptcy for the second time in less than a year. The pharmacy cited "rapidly evolving retail and healthcare landscapes" as challenges ... and head of legal at Debtwire, told ...
The company said in letter to vendors that it has been hit with several financial challenges that have grown more intense. Rite Aid and its competitors have been dealing with tighter profits on ...