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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 Stores Are Closing Across Multiple States — Here's ...

   www.aol.com/rite-aid-stores-closing-across...

   Rite Aid is closing multiple locations after filing for bankruptcy last year. See the full list of Rite Aid store closures for 2024.

4. Rite Aid Is Closing 150 Stores in 15 States - AOL

   www.aol.com/finance/rite-aid-closing-150-stores...

   Rite Aid filed a petition under Chapter 11 of the U.S. Bankruptcy Code on Oct. 15 amid flagging sales, mounting debt and several opioid-related lawsuits. According to the Wall Street Journal, the ...

5. Thrifty PayLess - Wikipedia

   en.wikipedia.org/wiki/Thrifty_PayLess

   Thrifty PayLess Holdings, Inc. was a pharmacy holding company that owned the Thrifty Drugs and PayLess Drug Stores chains in the western United States. The combined company was formed in April 1994 when Los Angeles–based TCH Corporation, the parent company of Thrifty Corporation and Thrifty Drug Stores, Inc., acquired the Kmart subsidiary PayLess Drug Stores Northwest, Inc. [1] At the time ...

6. 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 ...

7. Heyward Donigan - Wikipedia

   en.wikipedia.org/wiki/Heyward_Donigan

   During her time at Rite Aid, Donigan closed more than 150 unprofitable stores. [12] Donigan was credited with avoiding the bankruptcy for Rite Aid by pushing debt payments due in 2022 to 2025; however, Deutsche Bank warned the company was in danger of a "dramatic negative inflection point" in April 2022. Other analysts were less skeptical of ...

8. Rite Aid - Wikipedia

   en.wikipedia.org/wiki/Rite_Aid

   Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [1] 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 roughly 1,250 stores in 15 U.S. states, primarily on the East and West coasts.

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

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

   Rite Aid is in much worse financial shape than its competitors. Over the past six years, Rite Aid has tallied nearly $3 billion in losses. While it has secured $3.5 billion in financing and debt ...