Search results
Results from the 24/7 Vacations Content Network
By Dietrich Knauth. NEW YORK (Reuters) - Rite Aid sued the U.S. Department of Justice on Thursday, seeking to block a lawsuit alleging that the bankrupt pharmacy chain ignored red flags and ...
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.
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.
Rite Aid filed for Chapter 11 bankruptcy protection Sunday, a casualty of a miserable environment for drug stores, exacerbated by its runner-up status to bigger chains and expensive legal battles ...
Eckerd's remaining JCPenney Catalog Centers were closed in favor of Rite Aid choosing to accept JCPenney charge cards chainwide. In 2023, Rite Aid filed for Chapter 11 bankruptcy amid several opioid lawsuits and declining sales. [14] Despite Eckerd having shut down 16 years prior to the filing, Eckerd was still listed in the bankruptcy filing. [15]
Rite Aid. Website. bartelldrugs .com. The Bartell Drug Company, commonly known as Bartell Drugs and referred to by locals as simply " Bartell's ", is an American chain of pharmacies in the Puget Sound region of Washington state. The company was founded in 1890 in Seattle and grew to primarily serve the surrounding metropolitan area.
The pharmacy giant Rite Aid has filed for bankruptcy as it tries to restructure while dealing with losses and opioid-related ... Rite Aid Corp. runs more than 2,100 stores in the United States ...
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.