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By Jordyn Holman and Lauren Hirsch Rite Aid, one of the largest pharmacy chains in the United States, filed for bankruptcy on Sunday, weighed down by billions of dollars in debt, declining sales ...
PHILADELPHIA — Major U.S. pharmacy chain Rite Aid said Sunday that ... plan while coping with falling sales and opioid-related lawsuits. In 2022, Rite Aid settled for up to $30 million to ...
Kardashian, co-founder of gummy vitamin maker Lemme and owner of wellness and lifestyle website Poosh, has expressed interest ...
Rite Aid filed for Chapter 11 bankruptcy protection ... The beleaguered drugstore chain has been grappling with slowing sales, mounting debt and a slew of lawsuits that allege the company helped ...
A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers, including some of the bankrupt drugstore chain’s rivals. Financial details were not disclosed ...
Word of the Newton Falls closure has prompted an objection filed by the landlord of that property ... sales at the store had been trending higher yearly, he was "appalled" as to why Rite Aid ...
Rite Aid (NYSE: RAD), once the largest pharmacy chain in the US, has filed for Chapter 11 bankruptcy protection to a mounting debt crisis, declining sales, and ongoing lawsuits related to its ...
The move by Rite Aid comes amid declining sales and a rise in debt, which hit $3.3 billion, according to midyear filings. The company said in an announcement on Sunday, Oct. 15 that in connection ...
Rite Aid filed for Chapter 11 bankruptcy protection while dealing with losses from opioid-related lawsuits. Other brick-and-mortar retailers have experienced the same fate in recent years.
MARYLAND — Rite Aid is selling its real estate and retail leases for more than 20 locations throughout Maryland as the failing drugstore chain seeks bankruptcy protection for the second time in ...
Rite Aid filed for bankruptcy on Monday, its second chapter 11 filing within two years, to look for buyers for its assets. The Philadelphia-based chain shut down hundreds of stores in its last ...