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  2. Rite Aid prepares bankruptcy filing, store closures amid ...

    www.aol.com/finance/rite-aid-prepares-bankruptcy...

    Rite Aid stock fell more than 50% Friday after The Wall Street Journal reported the retail pharmacy is preparing to file for Chapter 11 bankruptcy as it faces mounting costs related to opioid ...

  3. After filing for bankruptcy, Rite Aid is closing stores ... - AOL

    www.aol.com/news/filing-bankruptcy-rite-aid...

    After filing for Chapter 11 bankruptcy protection, Rite Aid said it will receive $3.45 billion in new financing to help the company keep remaining stores open and employees paid while it undergoes ...

  4. Rite Aid to close over 150 stores after bankruptcy filing ...

    www.aol.com/rite-aid-close-over-150-224836054.html

    Rite Aid plans to close more than 150 locations after the company filed for Chapter 11 bankruptcy protection earlier this week. As part of the bankruptcy process, Rite Aid confirmed that it would ...

  5. Rite Aid files for bankruptcy, set to close more stores - AOL

    www.aol.com/finance/rite-aid-files-bankruptcy...

    Rite Aid, which once had a market cap of nearly $13 billion in 1998, filed for bankruptcy on Sunday with a market cap under $40 million. Shares were about 6% lower in premarket trading Monday ...

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

    www.aol.com/rite-aid-closing-nearly-100...

    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 ...

  7. 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.

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

    www.aol.com/news/rite-aid-bankruptcy-plan...

    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.

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

    www.aol.com/news/rite-aid-shutting-down-27...

    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 ...

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