The Philadelphia-based pharmacy chain officially filed for Chapter 11 bankruptcy on Monday, May 5. Rite Aid has entered talks with several potential national and regional buyers. The company said it ...

Rite Aid has filed for bankruptcy for the second time in less than two years, and the Philadelphia-based pharmacy chain intends to close or sell all of its remaining stores. Rite Aid will ...

Rite Aid customers can expect their local store to close or change ownership in the next few months, as the struggling drugstore chain goes through another bankruptcy filing. The company plans to sell ...

Rite Aid customers can expect their local store to close or change ownership in the next few months, as the struggling drugstore chain goes through another bankruptcy filing. The company plans to ...

PHILADELPHIA — Rite Aid Corporation on May 5 announced that it is pursuing a sale for substantially all of its assets, entering Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of ...

Rite Aid is again seeking bankruptcy protection as the struggling drugstore chain says it will try to sell substantially all of its assets. The company said Monday that its stores will remain open ...