Rite Aid first filed for bankruptcy in October 2023. Like many other pharmacies, it fell victim to shifts in consumer habits, ...

From changing consumer habits to rising costs and digital disruption, even the most iconic chains are feeling the heat.

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 ...

On Wednesday, May 14, the Pennsylvania Department of Labor & Industry (L&I) will host a virtual Rapid Response Information ...

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 ...

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 ...

After announcing that it would be entering Chapter 11 bankruptcy proceedings, Rite Aid ... as possible," Rite Aid CEO Matt Schroeder said. Schroeder pointed to financial challenges that ...

The company said in letter to vendors that it has been hit with several financial challenges that have grown more intense. Rite Aid and its competitors have been dealing with tighter profits on ...

Rite Aid has announced store closures, policy changes, and prescription transfers amid bankruptcy. Here's what this means for customers.

Rite Aid has been a proud provider of pharmacy services and products to our loyal customers. While we have continued to face financial challenges, intensified by the rapidly evolving retail and ...

Rite Aid is in bankruptcy for the second time in less than a year. The pharmacy cited "rapidly evolving retail and healthcare landscapes" as challenges ... and head of legal at Debtwire, told ...