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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 ...
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 ...
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 ...
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 ...
Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [ 10] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with over 2,000 stores, and ranked No. 148 in the Fortune 500 in 2022.
July 1, 2024 at 4:31 PM. Jul. 1—LIMA — One of the five Rite Aid stores in Lima will close after a notice of additional closing stores was filed Friday in Rite Aid's bankruptcy case in the ...
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 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.