Rite Aid has exited Chapter 11 bankruptcy by completing its financial restructuring as it aims to chart a renewed path forward. That journey will be taken as a private company with refreshed ...

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 ...

The company cut about $2B worth of total debt and added $2.5 billion in exit financing. Improving the Patient Financial Experience Throughout the Patient Journey While many healthcare providers ...

Ten years after its first store opened, Rite Aid operated 267 locations in 10 states. In 1981, Rite Aid became the third-largest retail drugstore chain in the country. 1983 marked a sales milestone of ...

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (“Rite Aid” or the “Company”) today announced that it has successfully completed its financial restructuring and emerged from Chapter 11 ...

The bankruptcy process has eliminated some $2 billion in debt, with approximately $2.5 billion in exit financing that will be used for future operations. “Emergence is a pivotal moment in Rite ...

In tech, both Microsoft and Apple achieved famous turnarounds after lost decades. Which brings us to “Rite Aid 2.0,” the court-approved arrangement to allow the pharmacy chain to leave Chapter ...

Pharmacy chain Rite Aid says 2.2 million people are impacted by a recent data breach for which the RansomHub group has taken credit. Pharmacy chain Rite Aid has revealed that a recent data breach ...

At least one Rite Aid store in Compton appears to be taking security to the extreme. The store on Long Beach Boulevard installed locked glass cases on every aisle, meaning a majority of items for ...

Rite Aid is grabbing headlines for locking up nearly all items in a southern California store, ... [+] putting everything from baby formula and paper towels to makeup and potato chips behind ...

The Rite Aid on the corner of Long Beach and Compton boulevards, though, takes this approach to security to a new extreme. Customers there are greeted by rows and rows of shelved items — makeup ...