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News about Rite Aid, bankruptcy plan, bankruptcy restructuring
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...
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...
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...
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,...
Oct 15, 2023 · New YorkCNN — 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...
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...
Oct 20, 2023 · By THE ASSOCIATED PRESS. Updated 5:52 PM PDT, October 19, 2023. Rite Aid plans to close about 7% of its stores initially, as the drugstore chain makes its way through its Chapter 11 bankruptcy process. The company submitted a list of 154 stores in a court filing.
