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As Rite Aid restructures its debt in Chapter 11 bankruptcy, it will close 154 locations in 15 states, including 31 in California. Rite Aid to close 31 California stores in bankruptcy, pulling out ...
Rite Aid is closing its store at Cedar and Shields avenues in Fresno. Its last day is scheduled for March 17, according to the company. Rite Aid filed for bankruptcy in October, and since has ...
8509 Irvine Center Drive in Irvine, California. 15800 Imperial Hwy. in La Mirada, California. 30222 Crown Valley Pkwy. in Laguna Niguel, California. 4046 South Centinela Ave. in Los Angeles ...
Company was liquidated in 1999, though some chains it operated, including Bakers, have survived. Fashion Bug – plus-size women's clothing retailer that once spanned more than 1000 stores. Parent company Charming Shoppes, which owned other plus-size retailers including Lane Bryant, shuttered the brand in early 2013.
As part of the Chapter 11 bankruptcy process, the company confirmed it would be closing “underperforming” stores, including 31 in California. Rite Aid locations closing in Sacramento .
Rite Aid was reported by multiple news outlets to be considering Chapter 11 bankruptcy in September 2023; the pharmacy chain was said to have been petitioning for closures of up to 400 or 500 stores. [245] [246] [247] On October 15, 2023, Rite Aid officially filed for Chapter 11 bankruptcy, announcing plans to close nearly 100 stores. [248]
On August 23, 2006, The Wall Street Journal announced that Rite Aid would acquire the U.S. subsidiary of Quebec-based Jean Coutu Group, including 1,858 Eckerd Pharmacy and Brooks Pharmacy stores, for US$3.4 billion in cash and issuing stock, which would also give Jean Coutu a 32% equity stake in Rite Aid. The company's shareholders ...
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 ...