Rite Aid on Monday announced it is filing for bankruptcy for a second time, barely just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped ...

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.

The company listed liabilities in the range of $1 billion to $10 billion in a Chapter 11 petition filed in New Jersey bankruptcy court. Sign up here. Rite Aid plans to sell all of its assets to ...

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 is again seeking bankruptcy protection ... The drugstore chain has lined up from some of its lenders $1.94 billion in new financing which help fund it through the sale and bankruptcy ...

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 ...

Less than a year after Rite Aid finally wrapped up its first bankruptcy proceedings, it’s now reportedly planning to file for Chapter 11 protection a second time. Based on a new report from ...