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Walgreens Boots Alliance announced in October 2024 its plans to close approximately 1,200 stores across the United States as ...
"We hoped to last at least through the summer," the manager of the Rite Aid on Route 6 near Honesdale said. A closing date in ...
Rite Aid has announced more store closures after filing for bankruptcy a second time in as many years. The drug ...
Bankrupt Rite Aid on Wednesday received court approval to close stores and sell most of its pharmacy assets in separate ...
The company received court approval to pursue a rapid-fire sale of its pharmacy assets from more than 1,000 store locations ...
Rite Aid filed for Chapter 11 bankruptcy for the second time in less than two years, announcing plans to sell “substantially all” of its assets.CEO Matt Schroeder attributed the move to mounting ...
Indiana Rite Aid is now confirmed as being on the list of leased stores being put up for bankruptcy sale. Its closure has not ...
On May 21, a federal judge approved Rite Aid’s bankruptcy plan to close stores and sell most of its pharmacy assets to other national chains, according to court documents reviewed by Becker’s. CVS, ...
Rite Aid is again seeking bankruptcy protection ... $1.94 billion in new financing which help fund it through the sale and bankruptcy proceedings. The company initially filed for bankruptcy ...
U.S. Bankruptcy Judge Michael Kaplan approved Rite Aid's request for an expedited sale at a court hearing in Trenton, New Jersey, saying that Rite Aid needs to quickly line up buyers in order to ...
“Any operations or assets the company does not sell through this process will no longer be owned or operated by Rite Aid.” During the bankruptcy sale process, Rite Aid customers can continue ...
The company had struggled with debt, posted annual losses for several years and was cutting costs and closing stores well before its initial bankruptcy filing. Rite Aid also explored sale offers.