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Rite Aid filed for Chapter 11 bankruptcy for the second time in less than two years, announcing plans to sell “substantially all” of its assets.CEO Matt Schroeder attributed the move to mounting ...
Rite Aid has filed to close a third batch of stores as the company moves through its second bankruptcy. The ailing pharmacy ...
On May 21, a federal judge approved Rite Aid’s bankruptcy plan to close stores and sell most of its pharmacy assets to other national chains, according to court documents reviewed by Becker’s. CVS, ...
Rite Aid is closing after it declared bankruptcy in May 2025. This means a large chunk of real estate is entering the market in Philadelphia and South Jersey.
Related: Popular formerly bankrupt retail chain makes brick-and-mortar comeback For over 60 years, Rite Aid has been many ...
Rite Aid’s return to bankruptcy within a year after completing its prior Chapter 11 shows that when critical vendors aren’t ...
Rite Aid filed for Chapter 11 bankruptcy for the second time in under two years and plans to sell or close all remaining stores. Only four Rite Aid locations remain open in Ohio, significantly ...
Rite Aid, which had only emerged from a previous bankruptcy program in September, said Monday it would sell all of its assets and lay off all of its workers nationwide as part of the plan.
Apart from the stores to be auctioned, Rite Aid laid out a list of locations it plans for a first wave of closures. According to the docket, the plan still needs to be approved. If these locations ...
Rite Aid filed for Chapter 11 bankruptcy on Monday for the second time since 2023. The company initially filed for bankruptcy protection in October 2023, with plans to sell parts of its business ...
Rite Aid plans to close four stores in Oregon after announcing it had begun Chapter 11 bankruptcy proceedings on May 5. Rite Aid currently operates 1,240 stores across 15 states and is slated to ...
Apart from the stores to be auctioned, Rite Aid laid out a list of locations it plans for a first wave of closures. According to the docket, the plan still needs to be approved. The list of ...
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