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The official closing dates for the “pharmacy business” at four New Hampshire Rite Aid locations have been announced as part ...
Saunders noted this could be problematic in small towns where Rite Aid is the only pharmacy for miles. The latest bankruptcy filing comes less than a year after Rite Aid first filed for Chapter 11 ...
Rite Aid, the third-largest standalone pharmacy chain in the U.S., was founded in 1962 as Thrif D Discount Center in Scranton, Pennsylvania. The chain now has over 1,200 stores in 15 states from ...
Rite Aid filed its first Chapter 11 in 2023 and closed 26 stores on Long Island between 2023 and 2024, leaving a total of 13 left as of last month.
Rite Aid’s Hampton Bays pharmacy is scheduled to close near the end of the month as the once prominent drugstore chain continues to wind down its operations following its May bankruptcy filing ...
Rite Aid, the third biggest US drug store chain, said that more than 2.2 million of its customers have been swept into a data breach that stole personal information, including driver's license ...
Following changes after the October 2023 Chapter 11 protection filing, Rite Aid still had $2.5 billion in debt when it emerged from bankruptcy as a private company owned by its lenders in 2024.
Instead, Rite Aid is an instructional tale about a mismanaged company that was so fatally weakened it couldn’t survive amid the increasing consolidation of health care in the U.S.
Rite Aid said then that its initial voluntary Chapter 11 filing would allow it to slash debt and resolve litigation. The company sold its relatively small pharmacy benefits management business ...
Rite Aid has stores in 15 states, with a heavy presence in New York. ... A sign with the company's logo stands outside a Rite Aid store in Salem, N.H., on Wednesday, May 29, 2024.
Rite Aid used its previous bankruptcy in 2023 to cut $2 billion in debt, close hundreds of stores, sell its pharmacy benefit company and negotiate settlements with its lenders. IE 11 is not supported.