Rite Aid comes out of bankruptcy, is now a private company
Sep 4, 2024 · PHILADELPHIA (CBS) -- Months after pharmacy chain Rite Aid filed for bankruptcy and got fresh financing amid struggling sales and opioid-related lawsuits, the company says it has completed its...
Rite Aid Completes Restructuring Process and Emerges from …
PHILADELPHIA, September 03, 2024 -- (BUSINESS WIRE)--Rite Aid Corporation ("Rite Aid" or the "Company") today announced that it has successfully completed its financial restructuring and...
Rite Aid emerges from bankruptcy, slashes $2B in debt
Sep 9, 2024 · Retail pharmacy chain Rite Aid has emerged out of bankruptcy after slashing about $2 billion from its debt, the company announced last week. The company also added about $2.5 billion in exit...
Rite Aid’s CFO just got the top job—part of a ... - Yahoo Finance
Sep 5, 2024 · Rite Aid announced on Tuesday that it has emerged from federal bankruptcy protection and will operate as a private company. The new chief executive Matt Schroeder, CFO since 2019, joined Rite...
Bartell Drugs enters new chapter as Rite Aid exits bankruptcy
Sep 9, 2024 · Rite Aid finally exited from bankruptcy this week, but it's unclear what the company's leaner form will mean for Bartell Drugs, which Rite Aid bought in 2020.
Rite Aid bankruptcy plan approved, cutting $2 billion in debt
Jun 28, 2024 · A U.S. bankruptcy judge on Friday approved Rite Aid 's restructuring plan, allowing the pharmacy chain to cut $2 billion in debt and turn over control of the company to a group of …
Rite Aid Averts Total Closure, Wins Restructuring Plan Approval
Jun 28, 2024 · Rite Aid Corp. has been cleared to exit bankruptcy after winning court approval on a restructuring plan that’s poised to save the ailing pharmacy chain from liquidation by handing control of the...
US Pharmacy Chain Rite Aid to Operate as a Private Company as …
Sep 3, 2024 · (Reuters) -Rite Aid will operate as a private company after it successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, the U.S. drugstore chain said on...
Newsroom Home | Rite Aid
Rite Aid in the News; Company Snapshot. Number of Stores: 1,300 + Number of Pharmacists: 4,000 + Number of States: 15. Latest Press Releases. View all press releases. Media Center. ... At Rite Aid Corp, we promise to treat your data with respect and will not share your information with any third party. You can unsubscribe to any of the email ...
Rite Aid files for bankruptcy | CNN Business
Oct 15, 2023 · Rite Aid filed for Chapter 11 bankruptcy protection Sunday, a casualty of a miserable environment for drug stores, exacerbated by its runner-up status to bigger chains and expensive...