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U.S. pharmacy chain Rite Aid is weighing a possible repeat bankruptcy after its recent financial restructuring failed to put the drugstore chain on a sustainable path, the Wall Street Journal ...
The first Rite Aid store that CVS confirmed to take over the operations of is now open in Newcastle, Washington.
In May, Rite Aid announced that it would again be entering the Chapter 11 process, having done so in October 2023, and that ...
Rite Aid previously filed for Chapter 11 protection in October 2023 after reporting $750 million in losses for the previous fiscal year. The company used its previous bankruptcy in 2023 to cut $2 ...
The Wall Street Journal is reporting that Rite Aid is weighing bankruptcy again after its recent financial restructuring failed to put it on a sustainable path, according to people familiar with ...
The two closings come amid a report from the Wall Street Journal that says Rite Aid is considering another bankruptcy. Skip to Article. Set weather. Back To Main Menu Close. Quick Look- ...
The only pharmacy in town will be closing. An exact date for the closing of the Rite Aid on Broadway Street has not been announced, but there are signs on the door that say June 5 is the last day ...
NEPTUNE -- Citing its poor store performance, Rite Aid said it will close its South Main Street pharmacy on April 23. "The decision to close a store is not one we take lightly," Rite Aid said in a ...
(Reuters) -U.S. pharmacy chain Rite Aid is weighing a possible repeat bankruptcy after its recent financial restructuring failed to put the drugstore chain on a sustainable path, the Wall Street ...
Rite Aid filed for Chapter 11 in October 2023, after reporting $750 million in losses and $24 billion in revenue for the fiscal year ended March 2023. It operated 2,000 pharmacies at the time of ...