Rite Aid says it has secured $1.94 billion in new financing from existing lenders to stay operational during bankruptcy proceedings. Rite Aid, the third-largest standalone pharmacy chain in the U ...

Rite Aid has secured commitments from some of its existing lenders for $1.94 billion in new financing which, along with cash from its operations, “is expected to provide sufficient funding during the ...

CAR WAS STOPPED IN NEW HAMPSHIRE. RIGHT NOW, RITE AID IS FILING FOR BANKRUPTCY A SECOND TIME AND HOPING TO SELL OFF ALL OF ITS ASSETS. THE CEO OF RITE AID MADE THAT ANNOUNCEMENT YESTERDAY.

Rite Aid has filed for bankruptcy for the second time in less than two years. The drug store chain announced Chapter 11 proceedings on Monday, stating in a press release that they are "pursuing a ...

After announcing that it would be entering Chapter 11 bankruptcy proceedings, Rite Aid is now slated to begin a process of auctioning off most of its locations. "As we move forward, our key ...

Rite Aid has secured $1.94 billion in financing to continue operating its pharmacies over the next few months while seeking to offload its 1,245 U.S. stores, which span 15 states. Pennsylvania ...

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 ...

Here's what we know about whether Rite Aid locations will close and what will happen to prescriptions. The company announced that it has acquired $1.94 billion in new financing to keep stores ...

Rite Aid is closing its stores now that the company has filed for Chapter 11 bankruptcy. On May 5, 2025, the American drugstore chain announced its closure in a press release, which revealed that ...

After announcing that it would be entering Chapter 11 bankruptcy proceedings, Rite Aid is now slated to begin a process of auctioning off most of its locations. "As we move forward, our key ...