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  2. Rite Aid's bankruptcy plan, revised on Thursday, would cut $2 billion in debt and provide $47.5 million to junior creditors, including individuals and local governments who have sued the company ...

  3. Rite Aid is closing nearly 100 stores, with more to follow ...

    www.aol.com/rite-aid-closing-nearly-100...

    October 19, 2023 at 8:50 AM. Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed more than 100 stores nationwide as part of its restructuring efforts. The ...

  4. Rite Aid prepares bankruptcy filing, store closures amid ...

    www.aol.com/finance/rite-aid-prepares-bankruptcy...

    Asked about bankruptcy preparations on Friday, Rite Aid said, "We do not comment on rumors and speculation." Over the past year, the company's stock has lost 90% of its value. The company's market ...

  5. Rite Aid files for bankruptcy amid slowing sales, opioid ...

    www.aol.com/news/rite-aid-files-bankruptcy-amid...

    Rite Aid filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to significantly reduce its debt.. The company appointed Jeffrey Stein as its new ...

  6. After filing for bankruptcy, Rite Aid is closing stores ... - AOL

    www.aol.com/news/filing-bankruptcy-rite-aid...

    After filing for Chapter 11 bankruptcy protection, Rite Aid said it will receive $3.45 billion in new financing to help the company keep remaining stores open and employees paid while it undergoes ...

  7. Rite Aid files for bankruptcy amid slowing sales, opioid ...

    www.aol.com/rite-aid-files-bankruptcy-amid...

    Rite Aid filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to significantly reduce its debt.. The company appointed Jeffrey Stein as its new ...

  8. Rite Aid seeks Chapter 11 bankruptcy protection as it deals ...

    www.aol.com/rite-aid-seeks-chapter-11-150205672.html

    This photo shows a sign of Rite Aid on its store in Pittsburgh on Jan. 23, 2023. Rite Aid, a major U.S. pharmacy chain, said Sunday, Oct. 15, that it has filed for bankruptcy as part of its effort ...

  9. Rite Aid - Wikipedia

    en.wikipedia.org/wiki/Rite_Aid

    Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [10] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with over 2,000 stores, and ranked No. 148 in the Fortune 500 in 2022.

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