Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open and the company will ...

The company was unable to secure additional capital from lenders that was needed to continue operating the business, Bloomberg reported, citing a letter from CEO Matthew Schroeder.

Rite Aid filed for bankruptcy on Monday for the second time in less than two years after a previous restructuring reduced the ...

It takes Kathy Younkins just a few minutes to walk to her neighborhood Rite Aid. The 67-year-old has picked up her ...

As we continue to cover the impact of Rite Aid's Chapter 11 bankruptcy filing on our local area, we have learned that several ...

Bankrupt U.S. pharmacy chain Rite Aid on Wednesday received court approval to pursue a rapid-fire sale of its pharmacy ...

Rite Aid says a few months for most of its stores. All locations will eventually close or be sold to a new owner. Until then, customers will still be able to fill prescriptions, get immunizations and ...

The company told employees it will cut jobs after ... from Schroeder. Rite Aid previously filed for Chapter 11 protection in October 2023 after reporting $750 million in losses for the previous ...

Rite Aid has filed for bankruptcy for the second time in less than two years. Are all stores closing? What will happen to prescriptions? What to know.

CAMBRIA COUNTY, Pa (WJAC) — As we continue to cover the impact of Rite Aid's Chapter 11 bankruptcy ... to help workers experiencing sudden job loss. The meeting will be held virtually on ...

The company filed for bankruptcy to restructure and cope with losses and lawsuits ... our customers and preserving jobs for as many associates as possible," Rite Aid CEO Matt Schroeder said ...