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Rite Aid has sold the pharmacy services of more than 1,000 locations across the country to competing chains — including ...
Rite Aid has sold the pharmacy services of most of its stores across the United States to several rivals. The bankrupt company announced the fire sale Thursday, with CVS Pharmacy, Walgreens, ...
It takes Kathy Younkins just a few minutes to walk to her neighborhood Rite Aid. The 67-year-old has picked up her ...
PROVIDENCE, R.I. (AP) — A coalition of 20 state Democratic attorneys general filed two federal lawsuits on Tuesday, claiming that the Trump administration is threatening to withhold billions of ...
Eight Rite Aid stores are included ... goods and services amid financial challenges. The eight stores in Pennsylvania are among the first 47 Rite Aid locations to close. Rite Aid has indicated ...
Rite Aid filed for Chapter 11 bankruptcy for the second time in under two years and plans to sell or close all remaining stores. Only four Rite Aid locations remain open in Ohio, significantly ...
After filing for Chapter 11 bankruptcy protection for a second time this week, Rite Aid is already planning to wind down operations at underperforming locations in at least nine states ...
“Unfortunately, these challenges have only intensified as a result of the rapidly evolving healthcare and retail landscape in which Rite Aid operates,” Schroeder wrote. “Rite Aid only ...
Rite Aid revealed that it has secured nearly $2 billion in financing to maintain operations during the bankruptcy process.
Rite Aid has filed for bankruptcy protection for the second time in less than two years, announcing plans to sell substantially all of its assets while working to ensure a smooth transfer of ...
Amid Rite Aid’s bankruptcy news this week ... financial, and operational challenges that significantly impaired its front-end business relative to its business plan. The filing noted ...
Rite Aid's financial struggles have been driven by a combination of tighter profit margins on prescriptions, the rise of online pharmacies and costly legal settlements related to the sale of ...
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