Employees were told in June that all Erie-area locations were closing after the company had filed for Chapter 11 bankruptcy ...

Rite Aid’s stock price dipped more than 50% after the reports on a pending bankruptcy filing were published by The ... A Chapter 11 filing would pause those lawsuits and allow the company to ...

Rite Aid has filed for bankruptcy and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits. The drugstore chain said late Sunday ...

Pharmacy retailer Rite Aid filed for Chapter 11 bankruptcy protection on Sunday as it struggled with rising debt, falling sales and intense competition from rivals like Walgreens and CVS.

The company also said it obtained $3.45 billion in fresh financing from some of its lenders, which will help support the company through the Chapter 11 process. Rite Aid says it does not know yet ...

The company said Rite Aid stores will continue to fill prescriptions, and customers will still be able to visit its locations or shop online while it goes through its voluntary Chapter 11 process.

The company also said it obtained $3.45 billion in fresh financing from some of its lenders, which will help support the company through the Chapter 11 process. Rite Aid says it does not know yet ...

Rite Aid seeks Chapter 11 bankruptcy protection as it deals with lawsuits and losses by TOM MURPHY and ELAINE KURTENBACH, Associated Press - 10/16/23 5:24 PM ET.