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The move will affect employees at Rite Aid’s New York Incorporated, Eckerd Corporation and Genovese Drug Store Incorporated facilities, according to the statement. The company said employees are ...
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RetailWire on MSNRite Aid Is Selling 1,000 Stores to Competitors, Including CVS and WalgreensDefunct pharmacy chain Rite Aid is offloading assets, including over 1,000 stores. Seeing an opportunity, several other ...
Rite Aid also notified New Jersey's labor department that store closures in the state will result in 1,112 layoffs.
“Rite Aid has been actively seeking capital, including negotiating with its lenders for additional capital to continue to run ...
Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady
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It operated about 2,000 pharmacies in 2023 but now has only 1,240 stores across the US with recent closures significantly ...
Less than a year after completing a restructuring that was supposed to turn the troubled pharmacy chain around, Rite Aid has ...
Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open for pharmacy services over ...
Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open and the company will ...
The drug store chain is also planning to cut jobs at its corporate offices in Pennsylvania. Rite Aid didn’t immediately return messages seeking comment. A copy of the letter was shared earlier on ...
Rite Aid only emerged from its first Chapter 11 filing back in September, after erasing $2 billion in debt and closing about ...
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