On May 21, a federal judge approved Rite Aid’s bankruptcy plan to close stores and sell most of its pharmacy assets to other national chains, according to court documents reviewed by Becker’s. CVS, ...

By Sabrina Valle and Dietrich Knauth (Reuters) -Bankrupt Rite Aid on Wednesday received court approval to close stores and ...

CVS has agreed to buy the bulk of Rite Aid's pharmacy assets. If approved, CVS would acquire the prescription files for 625 ...

Rite Aid workers who were laid off said in a new putative class action that the company violated federal law by failing to ...

Rite Aid has sold the pharmacy services of most of its stores across the United States to several rivals. The bankrupt ...

Rite Aid’s return to bankruptcy within a year after completing its prior Chapter 11 shows that when critical vendors aren’t ...

Rite Aid revealed that it has secured nearly $2 billion in financing to maintain operations during the bankruptcy process.

Rite Aid is in bankruptcy for the second time in ... Sarah Foss, bankruptcy attorney and head of legal at Debtwire, told BI she was surprised that post-bankruptcy lenders wouldn't do more to ...

Rite Aid customers can expect their local store to close or change ownership in the next few months, as the struggling drugstore chain goes through another bankruptcy filing.The company plans to ...

Rite Aid is closing or selling most of it stores as it re-enters bankruptcy proceedings, with many locations expected to shut down or change hands in the coming months. Stores will remain open ...