Rite Aid first filed for bankruptcy in October 2023. Like many other pharmacies, it fell victim to shifts in consumer habits, with more customers refilling their prescriptions online and skipping the extra purchases made throughout the rest of the drug store.

Drugstore chain Rite Aid is filing for bankruptcy again, eight months after emerging from a previous Chapter 11 filing in September 2024. Rite Aid said in a May 5 announcement that it plans to ...

Rite Aid's second bankruptcy has put over 1,200 properties — leases and owned — up for bid across 15 states. Drugstore chain Rite Aid’s latest bankruptcy could shake up the retail real estate market. The pharmacy chain plans to close all locations after selling or rejecting leases, with many store closures already planned for the coming months.

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 is closing Idaho stores and selling prescriptions to CVS, Albertsons, and others. Customers can expect closures within months.

An online auction for Ellwood City’s Rite Aid store building is set for next month as the pharmacy chain winds down operations as part of a corporate bankruptcy filing.

The pending sale of millions of customer health records as part of Rite Aid Corp.‘s bankruptcy proceedings is putting a spotlight on data security protections as the health-care industry battles increasing cyber incidents.