Rite Aid, once a cornerstone of American pharmacy retail, is now accelerating its retreat from the marketplace. The company ...

The drug store announced it had filed for Chapter 11 bankruptcy again on May 5, the second time since October 2023, and said it would close over 100 stores. Now, bankruptcy filings have shown that the ...

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 ...

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 Americans' go-to pharmacy for any medical needs. It operates a full-service ...

Rite Aid’s return to bankruptcy within a year after completing its prior Chapter 11 shows that when critical vendors aren’t ...

Rite Aid Corporation announced it is pursuing a strategic sale of substantially all its assets, initiating voluntary Chapter ...

The bankruptcy filing notes Rite Aid plans to sell all, or some, of its stores to a buyer. Those locations not sold will hold store closing sales. Rite Aid previously announced 47 separate store ...

Rite Aid, which filed for bankruptcy twice in two years, will potentially close dozens of additional locations. The pharmacy chain, which shuttered hundreds of its locations during its first ...

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 ...