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Following changes after the October 2023 Chapter 11 protection filing, Rite Aid still had $2.5 billion in debt when it emerged from bankruptcy as a private company owned by its lenders in 2024.

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Less than a year after completing a restructuring that was supposed to turn the troubled pharmacy chain around, Rite Aid Corp. has filed for bankruptcy again. The company was unable to secure ...

Rite Aid, the third-largest standalone pharmacy chain in the U.S., was founded in 1962 as Thrif D Discount Center in Scranton, Pennsylvania. The chain now has over 1,200 stores in 15 states from ...

Rite Aid stores closed in Delaware. 17069 S. Dupont Highway, Harrington (closed January 2024) 1602 Capitol Trail, near Newark (closed January 2024) ...

Rite Aid is seeking bankruptcy protection again as the drugstore chain looks to sell all of its assets. The company said Monday that stores will stay open as it starts Chapter 11 proceedings.