Companies are blaming the brick-and-mortar shrinkage on declining foot traffic, shifting shopper habits and inflation.

Several popular companies, including Forever 21 and At Home Group Inc. announced bankruptcy this year, signaling financial ...

Rite Aid's popular chain Thrifty Ice Cream is set to close down as part of its bankruptcy, which was filed again on May 5, ...

Now that Rite Aid has exited the pharmaceutical landscape, some of its assets beyond store locations and prescription files are up for sale, including the retailer’s private-label brands.

WASHINGTON — Rite Aid's bankruptcy proceedings have led to the sale of Thrifty Ice Cream. Hilrod Holdings was named the successful bidder to acquire the ice cream brand from the nationwide pharmacy ...