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- Rite Aid has announced it will close at least 154 stores as part of its bankruptcy process. The chain had 2,253 stores as of Sept. 3, and the U.S. Bankruptcy Court in New Jersey also approved additional closings at a later date. The company has not disclosed how many more stores it may shut down.
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Oct 20, 2023 · Rite Aid said in its Tuesday bankruptcy court filing that it also may close additional stores. The company said earlier this week that going through its voluntary Chapter 11 process will help significantly cut the company’s debt and resolve litigation “in an equitable manner.”
Oct 18, 2023 · Rite Aid plans to shutter 154 stores nationwide as part of its recent bankruptcy filing, including about 40 locations in its home state of Pennsylvania. The pharmacy chain listed every...
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- Khristopher J. Brooks
Oct 19, 2023 · Oct. 19, 2023. On Sunday, Rite Aid, once the largest U.S. pharmacy chain, filed for bankruptcy court protection from its creditors and vowed to remake the company as a “modern neighborhood...
Jul 15, 2024 · Rite Aid has identified additional stores targeted for closure, as the ailing pharmacy chain looks to exit bankruptcy after winning court approval for a restructuring plan late last month....
Oct 17, 2023 · Rite Aid is slated to shutter 154 stores as part of its Chapter 11 bankruptcy. The drugstore chain identified the underperforming locations in a court filing Monday. The closing stores are...
Oct 18, 2023 · Monday court filings identified 154 underperforming stores that Rite Aid plans to shutter after filing for Chapter 11 bankruptcy.