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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.
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 ...
As drugstore chain Rite Aid recently announced plans to file for bankruptcy, for a second time, the company also announced ...
Rite Aid has filed for bankruptcy for the second time in less than two years. Are all stores closing? What will happen to prescriptions? What to know.
Bankrupt U.S. pharmacy chain Rite Aid on Wednesday received court approval to pursue a rapid-fire sale of its pharmacy ...
It operated about 2,000 pharmacies in 2023 but now has only 1,240 stores across the US with recent closures significantly ...
Philadelphia-based Rite Aid had been closing stores and struggling with losses for years before its first bankruptcy filing in 2023. The company says its “only viable path forward” is a return ...
The pharmacy chain's CEO, Matt Schroeder, said that the filing in the U.S. Bankruptcy Court for the District of New Jersey was driven by financial challenges, which have been intensified by "rapidly ...
“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 currently has around ...
Philadelphia-based Rite Aid had been closing stores and struggling with losses for years before its first bankruptcy filing in 2023. The company says its “only viable path forward” is a return ...