Rite Aid aims to sell its customer prescription records to other pharmacies, grocery chains, or retailers with in-house pharmacies. While the company has promised a "smooth transfer" of prescription .

Bankrupt Rite Aid on Wednesday received court approval to close stores and sell most of its pharmacy assets in separate ...

In addition to the 70 stores in Pennsylvania that are slated for closure, Rite Aid also listed six stores in Virginia, five ...

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

The end is near for Rite Aid. Customers can continue to get their medications at Rite Aid pharmacies as the company works to facilitate a smooth transfer ... Similarly, CVS Pharmacy closed nearly ...

The company expanded to five states by 1965 and went public as Rite Aid in 1968. By 2012, the company was saddled with debt — mostly accrued through costly acquisitions — and trailed its profitable ...

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

That’s because people who get their prescriptions from Rite Aid are increasingly likely to transfer them elsewhere the more they read about the company’s bankruptcy in media reports.

Rite Aid will try to sell them to another drugstore, grocer or retailer with a pharmacy. The company says it is working to put together a “smooth transfer” of customer ... equity firm Sycamore ...

Similar problems have forced larger competitors — including CVS and Walgreens — to close several thousand U.S. stores in recent years. In the coming months, Rite Aid will transfer customer ...