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October 19, 2023 at 11:50 AM. Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed more than 100 stores nationwide as part of its restructuring efforts. The ...
Note: This list will be updated as more store closures are officially announced. CALIFORNIA: Lakewood: 5520 Woodruff Avenue. San Diego: 8694 Lake Murray Boulevard. Needles: 1020 East Broadway ...
Updated June 20, 2024 at 8:17 AM. Angus Mordant. 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 ...
NEW YORK (Reuters) -A U.S. bankruptcy judge on Friday approved Rite Aid's restructuring plan, allowing the pharmacy chain to cut its debt by $2 billion and turn over control to a group of lenders.
Rite Aid plans to close more than 150 locations after the company filed for Chapter 11 bankruptcy protection earlier this week. As part of the bankruptcy process, Rite Aid confirmed that it would ...
As part of the Chapter 11 bankruptcy process, the company confirmed it would be closing “underperforming” stores, including 31 in California. Rite Aid locations closing in Sacramento .
As Rite Aid restructures its debt in Chapter 11 bankruptcy, it will close 154 locations in 15 states, including 31 in California.
Asked about bankruptcy preparations on Friday, Rite Aid said, "We do not comment on rumors and speculation." Over the past year, the company's stock has lost 90% of its value. The company's market ...