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2. Rite Aid bankruptcy plan approved, cutting $2 billion in debt

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

   June 28, 2024 at 4:14 PM. By Dietrich Knauth. NEW YORK (Reuters) -A U.S. bankruptcy judge on Friday approved Rite Aid's restructuring plan, allowing the pharmacy chain to cut its debt by $2 ...

3. Rite Aid CFO promoted to CEO as drug store chain exits bankruptcy

   www.aol.com/finance/rite-aid-cfo-promoted-ceo...

   In its federal bankruptcy filing, Rite Aid stated that it operates over 2,000 retail pharmacy locations, and that it planned on closing 154 stores. Its careers website now states it has ...

4. Rite Aid’s CFO just got the top job—part of a growing trend ...

   www.aol.com/finance/rite-aid-cfo-just-got...

   The drugstore chain Rite Aid has a new CEO—its finance chief who is a longtime executive at the company. Rite Aid announced on Tuesday that it has emerged from federal bankruptcy protection and ...

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

   www.aol.com/news/major-us-pharmacy-chain-rite...

   Going through Chapter 11 will help “significantly reduce the company’s debt” while helping to “resolve litigation claims in an equitable manner,” Rite Aid late Sunday. Rite Aid Corp ...

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

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

   Rite Aid, one of the largest U.S. pharmacy chains, received permission from a U.S. judge on Thursday to begin voting on a bankruptcy restructuring plan that would turn over most of the company's ...

7. Rite Aid - Wikipedia

   en.wikipedia.org/wiki/Rite_Aid

   On November 21, a bankruptcy judge ordered Rite Aid to fully reorganize its operations by March 1, 2024. Rite Aid warned that if it failed to fully reorganize by the deadline, the company could face liquidation. [75] On November 29, Rite Aid announced the closure of 30 additional stores that would close by December 2023. [76]

8. Bankrupt Rite Aid resolves drug supply dispute with McKesson

   www.aol.com/news/bankrupt-rite-aid-resolves-drug...

   Rite Aid, which filed for Chapter 11 bankruptcy on Sunday night in New Jersey, sued McKesson the following morning, seeking to stop it from terminating a drug supply agreement that accounts for 98 ...

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 ...