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2. Rite Aid moves ahead on restructuring as sale efforts continue

   www.aol.com/news/rite-aid-moves-ahead...

   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. 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 ...

5. 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.

6. Rite Aid files for bankruptcy faced with high debt, opioid ...

   www.aol.com/news/drug-retailer-rite-aid-files...

   Rite Aid has $4 billion in debt, $8.6 billion in total liabilities and $7.65 billion in assets, according to court filings in the U.S. Bankruptcy Court for the District of New Jersey.

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 prepares bankruptcy filing, store closures amid ...

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

   Rite Aid stock fell more than 50% Friday after The Wall Street Journal reported the retail pharmacy is preparing to file for Chapter 11 bankruptcy as it faces mounting costs related to opioid ...

9. Rite Aid files for bankruptcy, set to close more stores - AOL

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

   Rite Aid, which once had a market cap of nearly $13 billion in 1998, filed for bankruptcy on Sunday with a market cap under $40 million. Shares were about 6% lower in premarket trading Monday ...