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Rite Aid Stock News

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Rite Aid, which filed for bankruptcy protection twice in less than two years, is shuttering dozens of additional stores from its existing portfolio.

Rite Aid Prepares to Sell Remaining Assets

06:27pm, Tuesday, 10'th Jun 2025
As the June 18 deadline for bidding on the remaining assets of Rite Aid nears, the potential buyers who are looking them over reportedly include pharmacy chain Walgreens, reality star turned entrepren
UNITED STATES — A home decor retailer is preparing to file for Chapter 11 bankruptcy in the coming weeks to help reorganize its company to conserve cash, Bloomberg reported. At Home Group Inc. has b
Walgreens confirmed its only buying prescription files and not brick and mortar stores among the pharmacy assets being sold across the U.S. by Rite Aid.
Rite Aid is reportedly closing additional stores while handing off business to rivals. The drugstore chain, which recently filed for bankruptcy for the second time, has revealed 95 locations it wants
The sale agreements follow its second bankruptcy filing in two years.
CVS Health, Walgreens and grocery store chains are among the U.S. pharmacy operators Rite Aid will be selling prescription files and related pharmacy assets from more than 1,000 stores, the company co
Rite Aid has claimed in a court filing Tuesday (May 6) that its inability to sustain a successful recovery and its subsequent return to bankruptcy protection is primarily due to sparsely stocked store
Rite Aid Corp. said Monday (May 5) that it has filed for Chapter 11 bankruptcy protection again, less than a year after emerging from a previous restructuring effort. This bankruptcy filing would be t
The company was unable to secure additional capital from lenders that was needed to continue operating the business, Bloomberg reported, citing a letter from CEO Matthew Schroeder.
Rite Aid has announced a leadership transition as it emerges from Chapter 11 bankruptcy. Jeffrey S.
Rite Aid has selected long-time company executive Matt Schroeder as the company's new chief executive officer as the company exits federal bankruptcy protection.
Rite Aid said the proceedings would involve continued store footprint optimization.
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