Bankrupt Rite Aid on Wednesday received court approval to close stores and sell most of its pharmacy assets in separate ...

It takes Kathy Younkins just a few minutes to walk to her neighborhood Rite Aid. The 67-year-old has picked up her ...

As drugstore chain Rite Aid recently announced plans to file for bankruptcy, for a second time, the company also announced ...

“I love this store and I'm very disappointed,” one New York-based customer said about the closing of their local Rite Aid Michael Nied has been a digital news editor with PEOPLE since 202 ...

Advertisement Article continues below this ad But like other pharmacy chains across the country, such as CVS and Walgreens, Rite Aid has been plagued by losses and fierce competition from Walmart ...

How did Rite Aid get to this point? Philadelphia-based Rite Aid had been closing stores and struggling with losses for years before its first bankruptcy filing in 2023. The company says its “onl ...

The filing called for an expeditious sale, as prolonged bankruptcy proceedings would see the loss of more employees and customers, and their prescriptions as time wore on and noted Rite Aid fills ...

Rite Aid says a few months for most of its stores. All locations will eventually close or be sold to a new owner. Until then, customers will still be able to fill prescriptions, get immunizations and ...

Philadelphia-based Rite Aid had been closing stores and struggling with losses for years before its first bankruptcy filing in 2023. The company says its "only viable path forward" is a return to ...

Rite Aid previously filed for Chapter 11 protection in October 2023 after reporting $750 million in losses for the previous fiscal year, leading to the closure of hundreds of locations ...