Pharmacy chain Rite Aid has begun Chapter 11 bankruptcy proceedings, the company announced on May 5. Rite Aid CEO Matt Schroeder pointed to financial challenges that "intensified by the rapidly ...

Rite Aid has filed for bankruptcy for the second time in less than two years. The drug store chain announced Chapter 11 proceedings on Monday, stating in a press release that they are "pursuing a ...

Rite Aid has filed for bankruptcy for the second time in under two years as it seeks a buyer. The company said in an announcement that filing for Chapter 11 bankruptcy protection will help to ...

Rite Aid is closing its stores now that the company has filed for Chapter 11 bankruptcy. On May 5, 2025, the American drugstore chain announced its closure in a press release, which revealed that ...

Less than a year after completing a restructuring that was supposed to turn the troubled pharmacy chain around, Rite Aid Corp. has filed for bankruptcy again. The company was unable to secure ...

Rite Aid on Monday announced it is filing for bankruptcy for a second time, barely just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped ...

After announcing that it would be entering Chapter 11 bankruptcy proceedings, Rite Aid is now slated to begin a process of auctioning off most of its locations. "As we move forward, our key ...

CORRECTION: An earlier version of this story stated that all 178 Rite Aid stores were closing in New York state. That is not the case at this time. We regret the ...

Rite Aid, which filed for bankruptcy twice in two years, will potentially close dozens of additional locations. The pharmacy chain, which shuttered hundreds of its locations during its first ...

Rite Aid is again seeking bankruptcy protection as the struggling drugstore chain says it will try to sell substantially all of its assets. The company said Monday that its stores will remain ...

Less than a year after Rite Aid finally wrapped up its first bankruptcy proceedings, it’s now reportedly planning to file for Chapter 11 protection a second time. Based on a new report from ...

Rite Aid customers can expect their local store to close or change ownership in the next few months, as the struggling drugstore chain goes through another bankruptcy filing. The company plans to ...