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August 14, 2024 at 5:40 PM. Rite Aid will close all Michigan stores by the end of September, transferring customer prescriptions to Walgreens, a Rite Aid spokesperson confirmed to the Free Press ...
Rite Aid, one of the nation’s largest drugstore chains, plans to close 12 more Michigan stores, the company said in a court filing earlier this week as it seeks to exit federal bankruptcy ...
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 ...
On October 15, 2023, amid several opioid lawsuits and legal battles, Rite Aid and some of its affiliated debtors filed for Chapter 11 bankruptcy protection in the United States District Court for the District of New Jersey. The next day, the company was delisted from the New York Stock Exchange, and commenced trading over-the-counter.
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 ...
The union (now known as the United Food and Commercial Workers) still represents employees in the Rite Aid "Lane’s" stores. [24] [25] In 1983, Lane Drug leased 100,000 square feet (9,300 m 2) in a facility owned by Willis Day Properties at 5225 Telegraph Road in North Toledo, to store bulk products for distribution to its stores. On July 7 ...
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.
Reuters reported that a U.S. bankruptcy judge approved Rite Aid's restructuring plan on Friday that will reduce the company's debt by $2 billion and give control to a group of lenders. The ...
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