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  1. Mar 26, 2024 · Rite Aid filed for bankruptcy in October, seeking to address its high debt, shut down underperforming retail locations, and sell off non-core business units. Rite Aid received...

  2. Oct 15, 2023 · Rite Aid has declared bankruptcy. Mario Tama/Getty Images. New York CNN — Rite Aid filed for Chapter 11 bankruptcy protection Sunday, a casualty of a miserable environment for drug...

  3. Oct 15, 2023 · Oct. 15, 2023. Rite Aid, one of the largest pharmacy chains in the United States, filed for bankruptcy on Sunday, weighed down by billions of dollars in debt, declining sales and more than a...

  4. Oct 16, 2023 · Brian Mann. 3-Minute Listen. Playlist. The national pharmacy chain faces more than a thousand lawsuits linked to the sale of Oxycontin and other opioid pain pills. AILSA CHANG, HOST: Rite Aid,...

  5. Oct 16, 2023 · PHILADELPHIA — Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while...

  6. 4 days ago · Creditors have raised concerns about CEO’s compensation. Rite Aid Corp. ’s legal team sought to reassure creditors that the bankrupt pharmacy chain will survive Chapter 11, saying the company is still working with banks and a key bondholder group on a rescue deal that has taken longer than expected to finalize. A bondholder group slated to ...

  7. Nov 21, 2023 · November 21, 2023 at 2:28 PM PST. Listen. 1:50. Bankrupt pharmacy chain Rite Aid Corp. has until March 1 to complete its turnaround under a timeline approved by a federal judge on Tuesday. US...

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