News

A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers. Purchase prices were not ...
In addition to the 70 stores in Pennsylvania that are slated for closure, Rite Aid also listed six stores in Virginia, five ...
Some Rite Aid landlords are seeking more transparency as the bankrupt drugstore chain sells off its pharmacy and retail ...
After receiving feedback from the Federal Trade Commission that led Rite Aid and Walgreens to believe that they would not be ...
Rite Aid has agreed to sell over 1,000 pharmacy assets to CVS, Walgreens, and others amid bankruptcy. Meanwhile, the health sector sees developments, including promising HIV vaccine trials, a rise in ...
What isn't clear is whether the Bartell name that has been such a presence in the Seattle area will survive, with several ...
“Beginning, May 6, 2025, Rite Aid Rewards points will no longer be issued for qualifying purchases,” Rite Aid states on its website. Additionally, “Rite Aid will no longer honor Rite Aid gift cards or ...
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 has filed for Chapter 11 bankruptcy to facilitate the sale of most of its assets. Pharmacy services—including prescriptions and immunizati ...
The deals are pending approval from the bankruptcy court. Despite the asset sales, Rite Aid stated that its stores remain open and customers can continue using its pharmacy services without ...