It takes Kathy Younkins just a few minutes to walk to her neighborhood Rite Aid. The 67-year-old has picked up her ...

Rite Aid's bankruptcy plan, if approved, means that in the coming months all distribution centers will close, and all stores ...

The company said employees are eligible to receive job retraining and ... posted annual losses for several years and was cutting costs and closing stores well before its initial bankruptcy filing.

Rite Aid has sold the pharmacy services of most of its stores across the United States to several rivals. The bankrupt ...

Rite Aid announced more store closures after reportedly agreeing to sell pharmacy assets from over 1,000 locations to various ...

The company received court approval to pursue a rapid-fire sale of its pharmacy assets from more than 1,000 store locations on Thursday.

“These agreements ensure our pharmacy customers will experience a smooth transition while preserving jobs for some of our valued team members,” Rite Aid CEO Matt Schroeder said in a statement ...

The Pennsylvania-based company entered bankruptcy with over $2 billion in debt and has warned employees about likely job cuts. Rite Aid Chief Executive Matt Schroeder said on Thursday the company ...

To receive daily news and insights, subscribe to our free daily Healthcare Dive newsletter. Rite Aid is selling more than 1,000 pharmacies to rival drugstore operators as the beleaguered pharmacy ...

“As we move forward, our key priorities are ensuring uninterrupted pharmacy services for our customers and preserving jobs for as many associates as possible,” Rite Aid CEO Matt Schroeder said ...

Rite Aid announced late Thursday that it has successfully ... customers will experience a smooth transition while preserving jobs for some of our valued team members.” The sale transactions ...