Bloomberg, citing a letter sent to employees by Rite Aid CEO Matthew Schroeder, reported Monday that Rite Aid intended to file for bankruptcy despite completing its recent restructuring plan. Court ...

Rite Aid has filed for Chapter 11 bankruptcy protection, and has received a $3.45 billion lifeline from investors to help them plan their restructure The company has come under increased pressure for ...

As pharmacy deserts crop up across western Washington, a large chain is biting the dust. Rite Aid CEO Matthew Schroeder briefed employees Monday that all stores would either close or be sold as the ...

Rite Aid is plotting an immediate wind-down of operations at dozens of additional locations as it scrambles this week to sell off its pharmacy assets and retail operations to potential bidders. The ...

Rite Aid has disclosed two more massive rounds of store closures, with hundreds of additional locations to be shuttered across multiple states. Unfortunately, the closures are just the latest wave for ...

After filing for Chapter 11 bankruptcy in October, Rite Aid has listed new store locations set to close. Earlier this week, the Philadelphia-based retailer announced through court filings that it ...

A cash lending and pawn shop company purchased the former Rite Aid building at 540 E. Midlothian Blvd. for $1.35 million. FCFS Ohio Inc., the Ohio subsidiary of First Cash Financial Services, ...

A long-awaited grocery store is coming to downtown Salem in 2026. El Torito Supermarket will open at the former Rite Aid ...