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

A Chapter 11 filing would mark Rite Aid’s second bankruptcy in less than three years. The retailer first filed Chapter 11 in ...

Rite Aid only emerged from its first Chapter 11 filing back in September, after erasing $2 billion in debt and closing about 850 stores.

Less than a year after completing a restructuring that was supposed to turn the troubled pharmacy chain around, Rite Aid has filed for bankruptcy again.

Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open and the company will ...

Rite Aid also notified New Jersey's labor department that store closures in the state will result in 1,112 layoffs.

The drug store chain is also planning to cut jobs at its corporate offices in Pennsylvania. Rite Aid didn’t immediately return messages seeking comment. A copy of the letter was shared earlier ...

Rite Aid filed for bankruptcy on Monday for the second time in less than two years after a previous restructuring reduced the ...

Pharmacy chain Rite Aid will reportedly seek Chapter 11 bankruptcy protection for a second time, leaving its future uncertain ...

Rite Aid filed for bankruptcy on Monday for the ... The company told employees it will cut jobs after failing to secure additional financing from its lenders, Bloomberg News reported earlier ...

Rite Aid owns stores in Colonial Heights, Hopewell, Prince George County and Chester. Its stores in Petersburg and northern ...

Less than a year after completing a restructuring that was supposed to turn the troubled pharmacy chain around, Rite Aid Corp. has ... chain is also planning to cut jobs at its corporate offices ...