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 ...

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 is in bankruptcy for the second time in less than a year. The pharmacy cited "rapidly evolving retail and healthcare landscapes" as challenges to its survival. Experts told BI the chain's ...

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 ...

Rite Aid won court approval to run an expedited process to sell customers’ prescription information to rival pharmacies as the bankrupt firm prepares to unload or close its stores. The sale ...

Rite Aid announced on Monday, May 5 that it had begun Chapter 11 bankruptcy proceedings. The company, which currently operates 1,240 stores across 15 states, will begin a process of selling and ...

Rite Aid has sold the pharmacy services of most of its stores across the United States to several rivals. The bankrupt company announced the fire sale Thursday, with CVS Pharmacy, Walgreens ...

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 ...

Rite Aid has told its employees it intends to file bankruptcy less than a year after completing an earlier restructuring that failed to turn around the troubled pharmacy chain. The company was ...

CAR WAS STOPPED IN NEW HAMPSHIRE. RIGHT NOW, RITE AID IS FILING FOR BANKRUPTCY A SECOND TIME AND HOPING TO SELL OFF ALL OF ITS ASSETS. THE CEO OF RITE AID MADE THAT ANNOUNCEMENT YESTERDAY.

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 ...