Tag Archives: Rite Aid

USA Today reports: Rite Aid added 68 more locations to its list of closures in a May 9 filing in the U.S. Bankruptcy Court for the District of New Jersey. The company, which currently operates 1,240 stores across 15 states, announced on May 5 it had begun Chapter 11 bankruptcy proceedings and would soon begin a process of selling and …

The New York Times reports: On Sunday, Rite Aid, once the largest U.S. pharmacy chain, filed for bankruptcy court protection from its creditors and vowed to remake the company as a “modern neighborhood pharmacy.” Now, in one of its first steps, it says it is closing 154 stores in more than 10 states. The branches set to be shuttered were …

Reuters reports: Rite Aid filed for Chapter 11 bankruptcy on Sunday, a move that would halt lawsuits the drugstore chain is facing over its alleged role in the U.S. opioid crisis and named a new CEO. Rite Aid said it has received a commitment for $3.45 billion in new financing from some of its lenders, which will provide enough liquidity …

CNN Business reports: The Justice Department on Monday filed a lawsuit against Rite Aid for allegedly violating the Controlled Substances Act, alleging that the company “knowingly filled unlawful prescriptions for controlled substances.” In a statement, Attorney General Merrick Garland said the Department of Justice is “using every tool at our disposal” to hold Rite Aid accountable for contributing to the …

The New York Post reports: He writes the songs that make people run. Some Rite Aid stores in California have taken to blasting Barry Manilow tunes as part of a plan to make loiterers scramble. Employees said that the drugstore chain has been testing the tactic of playing songs by the 75-year-old crooner outside their stores — over and over, …

Queerty is reporting that this lovely sign appeared in the window of a West Village Rite Aid yesterday. Rite Aid simply ain’t right. A reader sent in this image from one of the pharmacy’s New York City locations (on Sixth Avenue at West 13th Street) and, as you can see, it’s not the most welcoming message. This isn’t the first …