Rite Aid filed for Chapter 11 bankruptcy for the second time in less than two years, announcing plans to sell “substantially all” of its assets.CEO Matt Schroeder attributed the move to mounting ...

Store closures are being implemented in waves, with some locations closing immediately and others expected to cease ...

A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers. Purchase prices were not ...

Like many big retail changes Rite Aid has experienced financial troubles with the current U.S. economy resulting in major ...

Rite Aid, which filed for Chapter 11 bankruptcy in October 2023, recently updated its restructuring plans amid ongoing ...

Rite Aid’s return to bankruptcy within a year after completing its prior Chapter 11 shows that when critical vendors aren’t ...

The pharmacy chain based in the Navy Yard has been struggling for years. It first filed for bankruptcy in October 2023.

As we continue to cover the impact of Rite Aid's Chapter 11 bankruptcy filing on our local area, we have learned that several area Rite Aid pharmacies a ...

Rite Aid said in a May 5 announcement that it plans to keep its stores open while it tries to sell off assets so existing customers do not need to transfer prescription orders to other pharmacies.

Philadelphia-based Rite Aid said Monday afternoon it was pursuing a “strategic and value-maximizing sale process for substantially all of its assets.” More Philadelphia-area Rite Aid stores ...

Liquidation notices began appearing ... are expected to receive partial payments as assets are liquidated. Consumers who rely on Rite Aid for prescriptions, immunizations, or over-the-counter ...