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Rite Aid, which filed for Chapter 11 bankruptcy in October 2023, recently updated its restructuring plans amid ongoing ...
Rite Aid filed for Chapter 11 bankruptcy last month, the second time in the last two years, and it will be closing stores in ...
For Seattle-area shoppers watching the systematic dismemberment of Bartell Drugs and its bankrupt parent Rite Aid, the math ...
In a bankruptcy filing, drugstore chain Rite Aid announced its biggest wave of store closures since the start of its Chapter ...
Rite Aid has sold some pharmacies to CVS, but it's not clear which locations will remain open under that banner.
Rite Aid plans to sell the pharmacy assets of its 1,000-plus locations ... 11 in September 2024 with a reduced brick-and-mortar presence, decreased debt, new executive leadership and $2.5 billion ...
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, ...
In a strategic move that signals both expansion and adaptation in the face of industry disruption, Giant Eagle has announced ...
It has a heavy presence in New York ... That may be challenging because some Rite Aid stores are in rural areas, miles away from another pharmacy, noted Saunders, managing director of the consulting ...
Earlier this month, pharmacy chain Rite Aid filed for bankruptcy for the second ... it would give CVS greater reach in a region where its presence is currently smaller, per the article.
Nearly 600 Rite Aid locations have been identified for closure since the chain filed for its second bankruptcy last month.