Rite Aid has been facing a series of challenges. Drugstores, generally, are struggling to compete with big-box chains and with Amazon, which launched its own online-only pharmacy in 2020.

You need to determine if you want to shift towards an online model, become a payer, or become a provider," Shehata said. Kirkland & Ellis LLP served as Rite Aid’s legal advisor, Guggenheim ...

This is a huge space, and I’m really excited,” said Alyssa Pine, the 30-year-old artist and creator of the Live Freely brand.

The Rite Aid in Point Place has been closed for about a month and now city leaders are trying to find a replacement pharmacy ...

Good morning and happy Tuesday! Fall weather is definitely upon us. High temps will only hit the mid to high 60s much of the ...

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 ...

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 ...

including competition from online pharmacies such as Amazon, slower prescription sales and theft and other security problems — all challenges that face Rite Aid 2.0. In other words, even after ...

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 ...

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 ...

Rite Aid's restructuring plan, approved by a U.S. bankruptcy judge, reduces $2 billion in debt and shifts control to lenders. Following Chapter 11 bankruptcy and $750 million in losses ...

The Rite Aid store on Long Beach Boulevard in Compton is one of the stores that began to lock up almost every single item ...