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  2. Rite Aid bankruptcy plan approved, cutting $2 billion in debt

    www.aol.com/news/rite-aid-bankruptcy-plan...

    NEW YORK (Reuters) -A U.S. bankruptcy judge on Friday approved Rite Aid's restructuring plan, allowing the pharmacy chain to cut its debt by $2 billion and turn over control to a group of lenders.

  3. Rite Aid shutting down 27 more locations, bringing closure ...

    www.aol.com/news/rite-aid-shutting-down-27...

    Updated June 20, 2024 at 8:17 AM. Angus Mordant. Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations ...

  4. Rite Aid is closing nearly 100 stores, with more to follow ...

    www.aol.com/rite-aid-closing-nearly-100...

    October 19, 2023 at 11:50 AM. Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed more than 100 stores nationwide as part of its restructuring efforts. The ...

  5. Rite Aid, one of the largest U.S. pharmacy chains, received permission from a U.S. judge on Thursday to begin voting on a bankruptcy restructuring plan that would turn over most of the company's ...

  6. Rite Aid - Wikipedia

    en.wikipedia.org/wiki/Rite_Aid

    Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [10] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with over 2,000 stores, and ranked No. 148 in the Fortune 500 in 2022.

  7. Rite Aid files for bankruptcy faced with high debt, opioid ...

    www.aol.com/news/drug-retailer-rite-aid-files...

    The bankruptcy announcement triggered an immediate dispute with drug distributor McKesson, which provides 98% of the prescription medicines sold by Rite Aid. Rite Aid, which owes $700 million on ...

  8. Rite Aid seeks Chapter 11 bankruptcy protection as it deals ...

    www.aol.com/rite-aid-seeks-chapter-11-150205672.html

    This photo shows a sign of Rite Aid on its store in Pittsburgh on Jan. 23, 2023. Rite Aid, a major U.S. pharmacy chain, said Sunday, Oct. 15, that it has filed for bankruptcy as part of its effort ...

  9. Rite Aid seeks Chapter 11 bankruptcy protection as it deals ...

    www.aol.com/news/major-us-pharmacy-chain-rite...

    Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits. The company said Rite Aid ...

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