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At Close: Jan 12, 2024
Rite Aid Files for Bankruptcy: Is Walgreens Boots Alliance Headed for the Same Fate?
06:54am, Wednesday, 25'th Oct 2023
These pharmacy retailers have a lot in common, as both have struggled to stay out of the red. Walgreens remains unprofitable, but it is making efforts to reduce even more costs.
CVS Health: Rite Aid's Chapter 11 Provides Opportunity
03:42am, Sunday, 22'nd Oct 2023
CVS Health can derive strong synergy benefits from their pharmacies, health insurance, and PBM businesses. CVS Health's debt load is manageable and offers the opportunity to acquire a number of Rite A
Rite Aid Rides a Hot 2023 Trend: Going Bankrupt
07:57pm, Friday, 20'th Oct 2023
So far this year, companies filing for bankruptcy are twice that of 2022, and a hair short of pandemic 2020. The biggest group of filers: consumer-discretionary companies, like Rite Aid.
Make Rite Aid a Meme Stock at Your Own Risk
01:41pm, Thursday, 19'th Oct 2023
The search for the next meme stock has taken a bizarre twist. Retail investors are known for attempting to save the failing companies that Wall Street bets against.
Walgreens pays $192.5M to settle Rite Aid investors' lawsuit
01:06pm, Thursday, 19'th Oct 2023
Walgreens Boots Alliance Inc (NASDAQ:WBA) has agreed to pay $192.5 million to settle a class action lawsuit brought on by Rite Aid (NYSE:RAD) investors, according to a deal filed in Pennsylvania fede
A List of 150 Stores Rite Aid Is Closing
07:45am, Thursday, 19'th Oct 2023
Rite Aid, which just moved into Chapter 11, will close 150 stores. It has 2,300 in 17 states, so the number is likely to rise.
Rite Aid closing 154 stores in 15 states: Here's the list
07:10am, Thursday, 19'th Oct 2023
Rite Aid is shuttering over 150 stores as it seeks to restructure their business following years of legal issues tied to the opioid crisis and sagging sales.
Rite Aid is closing 154 stores as part of bankruptcy
04:06pm, Wednesday, 18'th Oct 2023
Rite Aid plans to shutter 154 stores, many of them in Pennsylvania and California, as part of its bankruptcy plans, according to an initial list of those closures published in court documents filed on
Rite Aid lost more than $1 billion in months before bankruptcy filing
03:24pm, Wednesday, 18'th Oct 2023
Rite Aid warned investors it may not be able to keep its business running.
Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list
01:51pm, Wednesday, 18'th Oct 2023
Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring efforts.
Drugstore chain Rite Aid raises going concern doubts
06:32am, Wednesday, 18'th Oct 2023
U.S. drugstore chain Rite Aid raised concerns about its ability to remain in business in a regulatory filing, days after it filed for bankruptcy protection.
Bankrupt Rite Aid resolves drug supply dispute with McKesson
05:01pm, Tuesday, 17'th Oct 2023
Pharmacy chain Rite Aid has settled a critical dispute with drug supplier McKesson Corp to ensure that customers' prescriptions will continue to be filled during Rite Aid's bankruptcy, attorneys said
Shares of bankrupt Rite Aid plunge despite meme-stock chatter
03:13pm, Tuesday, 17'th Oct 2023
Trading in Rite Aid's stock was halted premarket Monday after the company filed for chapter 11. Bonds issued by Rite Aid RAD also sold off heavily.
Rite Aid is planning to close about 150 locations. See if your local store is on the list.
01:14pm, Tuesday, 17'th Oct 2023
Rite Aid filed plans to close 154 stores on Monday as part of its Chapter 11 bankruptcy. The chain had about 2,100 stores around the US headed into its bankruptcy.
Rite Aid (RAD) Expedites Transformation on Restructuring Plan
11:19am, Tuesday, 17'th Oct 2023
Rite Aid's (RAD) new restructuring plan is likely to reduce debt, strengthen liquidity, accelerate store footprint optimization plan and divest Elixir Solutions to MedImpact.
