On May 21, a federal judge approved Rite Aid’s bankruptcy plan to close stores and sell most of its pharmacy assets to other national chains, according to court documents reviewed by Becker’s. CVS, ...

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

CVS has agreed to buy the bulk of Rite Aid's pharmacy assets. If approved, CVS would acquire the prescription files for 625 ...

Rite Aid workers who were laid off said in a new putative class action that the company violated federal law by failing to ...

Rite Aid has sold the pharmacy services of most of its stores across the United States to several rivals. The bankrupt company announced the fire sale Thursday, with CVS Pharmacy, Walgreens, ...

The pending sale of millions of customer health records as part of Rite Aid Corp.‘s bankruptcy proceedings is putting a ...

Rite Aid revealed that it has secured nearly $2 billion in financing to maintain operations during the bankruptcy process.

Rite Aid's financial struggles have been driven by a combination of tighter profit margins on prescriptions, the rise of online pharmacies and costly legal settlements related to the sale of ...

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 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 ...

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 ...