News

CVS reportedly eyeing Rite Aid stores in Pacific Northwest
CVS Health (CVS) stock gains as the company bids for Rite Aid's (RADCQ) stores and assets in the Pacific Northwest. Read more ...
Rite Aid files for Chapter 11 bankruptcy, promises 'smooth transfer' of prescriptions
Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open and the company will ...
Second Rite Aid Bankruptcy Underscores Importance of Vendor Role
Rite Aid’s return to bankruptcy within a year after completing its prior Chapter 11 shows that when critical vendors aren’t ...
Rite Aid files for bankruptcy less than a year after exiting Chapter 11
The costs of settling opioid lawsuits and pressure from e-commerce giants have worsened the “financial challenges” facing the ...
Rite Aid will no longer be accepting gift cards next month
Rite Aid is telling its vendors that it “has generally stopped purchasing goods and services.” In a letter to customers that ...
Laid off from Rite Aid? Learn the next steps to take in this meeting
Rite Aid announced May 5 it was filing for Chapter 11 bankruptcy and is attempting to sell 'virtually all of its assets.' ...
Maryland Rite Aid distribution center to lay off more than 300 workers after pharmacy files for bankruptcy a second time
A Rite Aid distribution center in Harford County, Maryland, is expected to lay off more than 300 workers and close its doors ...