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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 first tranche of stores to be ...
Eckerd Corporation – acquired by CVS Pharmacy in the South and Rite Aid in the Northeast–Mid atlantic Region; Fantle's; Farmacias El Amal – San Juan, Puerto Rico, firm; 20 locations bought by Walgreens in 2008; remaining closed in 2011; Fay's Drug; G. O. Guy – acquired by Thrifty PayLess; Genovese Drug Stores; Gray Drug – purchased by ...
A List of Rite Aid's 2024 Store Closings: Here is a list of the Rite Aid store closure this year, confirmed by the company. Note: This list will be updated as more store closures are officially ...
The new Rite Aid closings fall on the heels of demands earlier this month by lenders that a proposed $20 million payout to ... Deals with Walgreens in 2015, and with Boise, Idaho-based grocery ...
In late 2023, Rite Aid announced the closure of 53 more locations. [251] Going into 2024, Rite Aid announced that it would close an additional 77 locations. [252] 53 more stores were added to the closing list in April 2024. [253] Additional closures continued, nearly fully eradicating the pharmacy's presence in Michigan and Ohio. [254]
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.
The Pennsylvania-based drugstore chain Rite Aid announced on Sunday that it intends to close 154 of its stores as part of its recent bankruptcy filing and will be shuttering more throughout the ...
It filed for Chapter 11 bankruptcy in 2015 and abruptly closed all its stores in 2017. Later that year, the brand was sold and relaunched as an online-only retailer.