Search results
4 days ago · June 20, 2024, 6:56 AM PDT. By Rob Wile. Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in ...
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.
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...
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. Here's...
Jun 6, 2024 · Rite Aid Corp.’s main lenders are demanding a proposed $20 million payout to Chief Executive Officer Jeffrey Stein be reduced before they fund the company’s exit from 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,...
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.
