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On October 15, 2023, Rite Aid and certain of its subsidiaries, including those that comprise the Elixir pharmacy and benefits business, filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey.
Jan 26, 2024 · Rite Aid filed for bankruptcy as it faced slumping sales and more than a thousand federal, state and local lawsuits accusing it of fueling the opioid epidemic by illegally filling painkiller...
Mar 26, 2024 · Pharmacy chain Rite Aid has reached a settlement with its lenders, the U.S. Department of Justice, and drug supplier McKesson Corp, clearing a path for Rite Aid to complete its bankruptcy...
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 thousand federal,...
Oct 15, 2023 · Rite Aid filed for Chapter 11 bankruptcy protection Sunday, a casualty of a miserable environment for drug stores, exacerbated by its runner-up status to bigger chains and expensive legal...
May 15, 2024 · Rite Aid, a more than half-century-old drugstore chain, filed for Chapter 11 Bankruptcy in late 2023, but the brand is attempting to salvage its business under crisis CEO Jeffrey Stein.
May 3, 2024 · Rite Aid Corp. is working to complete a deal with lenders to exit bankruptcy. But even with a rescue deal in hand, the ailing pharmacy chain is poised to to be significantly smaller. Since...
Mar 26, 2024 · NEW YORK (Reuters) -Pharmacy chain Rite Aid has reached a settlement with its lenders, the U.S. Department of Justice, and drug supplier McKesson Corp, clearing a path for Rite Aid to complete...
Oct 16, 2023 · Rite Aid, one of the country's largest pharmacy chains, has filed for bankruptcy. The company is billions of dollars in debt and faces an avalanche of lawsuits linked to prescription opioids.
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...
