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2. Rite Aid moves ahead on restructuring as sale efforts continue

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   Rite Aid's bankruptcy plan, revised on Thursday, would cut $2 billion in debt and provide $47.5 million to junior creditors, including individuals and local governments who have sued the company ...

3. Rite Aid bankruptcy plan approved, cutting $2 billion in debt

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   NEW YORK (Reuters) -A U.S. bankruptcy judge on Friday approved Rite Aid's restructuring plan, allowing the pharmacy chain to cut its debt by $2 billion and turn over control to a group of lenders.

4. Rite Aid is closing nearly 100 stores, with more to follow ...

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   October 19, 2023 at 11:50 AM. Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed more than 100 stores nationwide as part of its restructuring efforts. The ...

5. Rite Aid shutting down 27 more locations, bringing closure ...

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   Updated June 20, 2024 at 8:17 AM. Angus Mordant. Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations ...

6. Rite Aid - Wikipedia

   en.wikipedia.org/wiki/Rite_Aid

   Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [ 10] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with over 2,000 stores, and ranked No. 148 in the Fortune 500 in 2022.

7. Rite Aid files for bankruptcy faced with high debt, opioid ...

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   Rite Aid has $4 billion in debt, $8.6 billion in total liabilities and $7.65 billion in assets, according to court filings in the U.S. Bankruptcy Court for the District of New Jersey.

8. Rite Aid files for bankruptcy amid slowing sales, opioid ...

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   Rite Aid filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to significantly reduce its debt.. The company appointed Jeffrey Stein as its new ...

9. Rite Aid seeks Chapter 11 bankruptcy protection as it deals ...

   www.aol.com/news/major-us-pharmacy-chain-rite...

   Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits. The company said Rite Aid ...