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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 is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing.
Rite Aid is looking to close over two dozen more stores in two states. The drugstore chain on Monday filed a "notice of additional closing stores" with the U.S. Bankruptcy Court of the District of ...
Rite Aid is a drugstore chain in the United States offering health and wellness products and services.
Pharmacy chain Rite Aid announced it has filed for Chapter 11 bankruptcy, which will likely result in the closure of a number of locations.
In 2023, Rite Aid filed for Chapter 11 bankruptcy amid several opioid lawsuits and declining sales. [14] Despite Eckerd having shut down 16 years prior to the filing, Eckerd was still listed in the bankruptcy filing.
Rite Aid filed for bankruptcy in 2023 and closed dozens of Ohio stores. Now, more Ohio locations Ohio are affected by closures. Here's what we know.
In 2023, Rite Aid filed for Chapter 11 bankruptcy. [3] Despite Thrifty PayLess shutting down 27 years prior to Rite Aid's bankruptcy filing, Thrifty PayLess was still listed in the filing. [4]
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