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

Store closures are being implemented in waves, with some locations closing immediately and others expected to cease ...

Rite Aid, which filed for Chapter 11 bankruptcy in October 2023, recently updated its restructuring plans amid ongoing ...

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.

Rite Aid plans to sell all of its assets to one or more buyers in bankruptcy. Rite Aid was unable to secure additional capital from lenders that was needed to continue operating the business.

The U.S. pharmacy chain said it plans to keep stores open in the interim. Drugstore chain Rite Aid is filing for bankruptcy again, eight months after emerging from a previous Chapter 11 filing in ...

Rite Aid, the fourth-largest U.S. drugstore chain, has filed for Chapter 11 bankruptcy and plans to sell or close its remaining 1,240 stores. Rite Aid has secured financing to keep stores open during ...

Philadelphia-based Rite Aid, which was based in East Pennsboro Township for decades, has filed for bankruptcy again. Rite Aid said on Monday it is pursuing “a strategic and value-maximizing sale ...

Philadelphia-based Rite Aid said Monday afternoon it was pursuing a “strategic and value-maximizing sale process for substantially all of its assets.” More Philadelphia-area Rite Aid stores ...

The Philadelphia-based Rite Aid Corp. has filed for a second bankruptcy, the company has announced. The group has begun proceedings for a Chapter 11 bankruptcy protection and will sell off its ...

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 ...

Pharmacy chain Rite Aid has begun Chapter 11 bankruptcy proceedings, the company announced on May 5. Rite Aid CEO Matt Schroeder pointed to financial challenges that "intensified by the rapidly ...