Bloomberg, citing a letter sent to employees by Rite Aid CEO Matthew Schroeder, reported Monday that Rite Aid intended to file for bankruptcy despite completing its recent restructuring plan.

Be advised … Rite Aid customers have until June 4 to use gift cards. The same deadline applies for return and exchanges. Furthermore, it stopped issuing Rite Aid ...

SHILLINGTON, Pa. - Rite Aid has filed for bankruptcy protection, again, and announced plans to sell off prescriptions, inventory, and other assets as it navigates Chapter 11 proceedings.

Buffalo, N.Y. (WBEN) - Local Pharmacies are bracing for impact as Rite Aid Prepares to close over ... "The PBM reform legislation in Washington is a $5 billion savings. If they implement the ...

Rite Aid filed for bankruptcy on Monday for the second time in less than two years after a previous restructuring reduced the pharmacy chain’s debt but failed to address its long-term business ...

Why did Rite Aid file for bankruptcy? Rite Aid said on Monday it is pursuing “a strategic and value-maximizing sale process for substantially all of its assets.” The drugstore chain said in ...

Rite Aid said in a letter to customers that it is working to facilitate a smooth transfer of customer prescriptions to other pharmacies. The drugstore chain filed for Chapter 11 bankruptcy on ...

Pharmacy chain Rite Aid has begun Chapter 11 bankruptcy proceedings, the company announced on Monday, May 5. Rite Aid CEO Matt Schroeder pointed to financial challenges that "intensified by the ...

Rite Aid has 1,277 pharmacies, three distribution centers, and more than 24,000 employees across 15 states, and it’s hoping to sell many of its locations to preserve jobs, minimize the impact on ...

(WJET/WFXP) — Rite Aid has filed for bankruptcy again, less than a year after exiting its first. Bloomberg, citing a letter sent to employees by Rite Aid CEO Matthew Schroeder, reported Monday ...