Rite Aid has filed for bankruptcy for the second time in less than two years. The drug store chain announced Chapter 11 proceedings on Monday, stating in a press release that they are "pursuing a ...

Rite Aid announced on Monday, May 5 that it had begun Chapter 11 bankruptcy proceedings. The company, which currently operates 1,240 stores across 15 states, will begin a process of selling and ...

Rite Aid filed for bankruptcy on Monday for the second time in less than two years after a previous restructuring reduced the pharmacy chain’s debt but failed to address its long-term business ...

Rite Aid blamed its failed turnaround and swift return to bankruptcy on its inability to keep store shelves stocked and a shift by its lower-income customers purchasing household goods at cheaper ...

Rite Aid on Monday announced it is filing for bankruptcy for a second time, barely just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped ...

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 Rite Aid customers can ...

Rite Aid is again seeking bankruptcy protection as the struggling drugstore chain says it will try to sell substantially all of its assets. The company said Monday that its stores will remain open ...

May 5 (UPI) --Rite Aid on Monday announced it is filing for bankruptcy and looking for a new buyer, just seven months after exiting Chapter 11. Eighteen months ago, Rite Aid first filed for ...

Pharmacy chain Rite Aid has begun Chapter 11 bankruptcy proceedings, the company announced on May 5. Rite Aid CEO Matt Schroeder pointed to financial challenges that "intensified by the rapidly ...

Rite Aid has announced it is filing for bankruptcy for a second time as the beleaguered drug store chain looks for a buyer. In a press release, Rite Aid announced it has filed for Chapter 11 ...