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June 28, 2024 at 1:14 PM. By Dietrich Knauth. 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 ...
Rite Aid has $4 billion in debt, $8.6 billion in total liabilities and $7.65 billion in assets, according to court filings in the U.S. Bankruptcy Court for the District of New Jersey.
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 are in Ohio and Michigan. More ...
Rite Aid's bankruptcy plan, revised on Thursday, would cut $2 billion in debt and provide $47.5 million to junior creditors, including individuals and local governments who have sued the company ...
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 a statement released by the chain on Sunday, Rite Aid ...
Which stores in Ohio are closing? Currently, 15 stores in Ohio are closed or will close soon: Alliance: 1895 West State Street. Ashtabula: 2148 Lake Avenue. Bowling Green: 722-740 South Main Street.
Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits. The company said Rite Aid ...
Read's Drug Store. Coordinates: 39°17′29.17″N 76°37′9.88″W. Read's Drug Store was a chain of stores based in Baltimore, Maryland. Read's Drug Store was founded by William Read. He sold it to the Nattans family in 1899. [1] The downtown store was constructed in 1934 by Smith & May, Baltimore architects also responsible for the Bank of ...