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    • Privately held company

      • Rite Aid has emerged from bankruptcy and is now a privately held company with "a rightsized store footprint, more efficient operating model, significantly less debt and additional financial resources," it said in a news release on Tuesday.
      www.cbsnews.com/philadelphia/news/rite-aid-news-bankruptcy-store-closures/

      Rite Aid comes out of bankruptcy, is now a private company

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  3. www.reuters.com › business › healthcareUS pharmacy chain Rite Aid to operate as a private company as ...

    Sep 3, 2024 · 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 Tuesday.

  4. www.cbsnews.com › philadelphia › newsRite Aid comes out of bankruptcy, is now a private company

    Sep 4, 2024 · Rite Aid has emerged from bankruptcy and is now a privately held company with "a rightsized store footprint, more efficient operating model, significantly less debt and additional financial...

    • joseph.brandt@paramount.com
    • 24 sec
    • Digital Content Producer, CBS Philadelphia

  5. www.retailtouchpoints.com › topics › market-newsRite Aid ‘Marks a New Beginning’ as Private Company with ...

    Sep 4, 2024 · Rite Aid has successfully completed its financial restructuring and emerged from Chapter 11 as a private company. The chain now has a smaller store footprint of approximately 1,300 stores, down from 2,100 prior to the retailer’s October 2023 bankruptcy.

  6. finance.yahoo.com › news › rite-aid-completesRite Aid Completes Restructuring Process and Emerges from ...

    Sep 3, 2024 · In connection with emergence, Rite Aid will operate as a private company. Ownership of the Company transitioned to certain Rite Aid creditors, and all of Rite Aid’s existing common...

  7. progressivegrocer.com › rite-aid-now-privateRite Aid Now a Private Company After Emerging From Bankruptcy

    Sep 4, 2024 · It’s been an up-and-down year for Rite Aid Corp., which closed hundreds of stores nationwide after filing for bankruptcy protection in October 2023. This week, the drugstore chain announced that it has emerged from the Chapter 11 process as a private company and under a new leader.

  8. www.seattletimes.com › business › bartell-drugsBartell Drugs enters new chapter as Rite Aid exits bankruptcy

    Sep 9, 2024 · Given that Rite Aid is now a private company, with a largely meaningless share price, the number of store closures in coming months will be one of the main indicators of whether “things...

  9. www.pennlive.com › business › 2024Rite Aid exits bankruptcy as a private company owned by ...

    Sep 3, 2024 · Pharmaceutical chain Rite Aid has announced it has completed its financial restructuring emerging from Chapter 11 bankruptcy as a private company.

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