Rite Aid comes out of bankruptcy, is now a private company
Sep 4, 2024 · PHILADELPHIA (CBS) -- Months after pharmacy chain Rite Aid filed for bankruptcy and got fresh financing amid struggling sales and opioid-related lawsuits, the company says it has completed its...
Rite Aid closings: Full list of 800+ closures in 2024 and ... - MassLive
Dec 26, 2024 · It wasn't a great year to be a Rite Aid pharmacy. Here's a full list of the more than 800 that closed since the company filed bankruptcy in October of 2023.
Rite Aid Completes Restructuring Process and Emerges from …
PHILADELPHIA, September 03, 2024 -- (BUSINESS WIRE)--Rite Aid Corporation ("Rite Aid" or the "Company") today announced that it has successfully completed its financial restructuring and...
'Rightsized' Rite Aid emerges from bankruptcy after creditors buy …
Sep 5, 2024 · Pharmacy chain Rite Aid announced this week that it has emerged from Chapter 11 bankruptcy as the company was sold to its creditors. Rite Aid said it secured $2.5 billion in funding, and was able to use that funding to eliminate nearly $2 billion in debt.
Rite Aid bankruptcy plan approved, cutting $2 billion in debt
Jun 28, 2024 · Rite Aid, which had over 2,000 stores when it filed for bankruptcy in October, will emerge from bankruptcy with about 1,300 remaining locations. Rite Aid used its bankruptcy to …
There are now over 800 Rite Aids closing amid bankruptcy ... - MassLive
Aug 12, 2024 · Since filing for bankruptcy in October, Rite Aid, a nationwide drugstore chain, has filed documents announcing the closure of over 800 locations throughout the country. The company initially filed...
Rite Aid Completes Restructuring Process and Emerges from …
Sep 3, 2024 · PHILADELPHIA-- (BUSINESS WIRE)--Rite Aid Corporation (“Rite Aid” or the “Company”) today announced that it has successfully completed its financial restructuring and emerged from Chapter...
Rite Aid Completes Restructuring Process and Emerges from …
Sep 4, 2024 · Rite Aid successfully completed its financial restructuring and emerged from Chapter 11. “Emergence is a pivotal moment in Rite Aid’s history, enabling it to move forward as a significantly transformed, stronger and more efficient company,” Jeffrey S. Stein, CEO and chief restructuring officer of Rite Aid, said.
US pharmacy chain Rite Aid to operate as a private company as it ...
Sep 3, 2024 · (Reuters) -Rite Aid will operate as a private company after it successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, the U.S. drugstore chain said on...
Rite Aid to close more stores in Oregon, SW Washington
Jan 10, 2024 · Rite Aid Corp. is closing additional stores nationwide, including locations in Oregon and southwest Washington, as the beleaguered pharmacy chain works to shed costs and restructure its...