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The Latest Breaking News from Rite Aid

Rx Resurgence: Rite Aid Resolves Bankruptcy Woes, Gets Loan Nod

Rite Aid, the pharmacy chain, embarks on a zesty path toward bankruptcy mediation and receives an exuberant loan approval to navigate through troubled waters.

Top News

US Bans Pharmacy Rite Aid From Facial Recognition Use

Pharmacy group Rite Aid was ordered Tuesday to stop using facial recognition for the next five years by a US regulator, which said the company falsely identified consumers as shoplifters using the technology.

International Business Times

Essential retailer faces key Chapter 11 bankruptcy deadline

An iconic American retail chain is fighting for survival and time is running out.

The Street

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Beloved retail food supplier closes processing plants

The Street

Short Circuit: A Roundup of Recent Federal Court Decisions

Jury experiments, assault weapons, and machine guns.

Reason

Beloved fast-food chain files for Chapter 11 bankruptcy

The Street

Best deals for Veterans this weekend

Annual US holiday falls on a Saturday this year

The Independent UK

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Essential retailer closing more stores in bankruptcy

A major retail chain is seeking to close 178 stores in its Chapter 11 bankruptcy case.

The Street

These 27 eye products could lead to infections and vision loss, FDA warns

If you find one of the products in your home you need to dispose of it immediately, the FDA says

The Independent UK

Eyedrops from CVS, Rite Aid and others carry possible infection risk, FDA says

U.S. health regulators are warning consumers not to use more than two dozen varieties of over-the-counter eyedrops due to the risk of infections that could lead to blindness

The Independent UK

The FDA warns consumers to stop using several eyedrop products due to infection risk

Federal health officials issued the alert for six different brands of products after finding bacterial contamination at a manufacturing facility.

WEKU

WBA Stock Jumps On Upgrade, Target Hike. New CEO, 'New Era' Analyst Says

JPMorgan upgraded WBA stock to buy early Monday, expecting Walgreens' new CEO to usher in "a new era" for the Dow Jones pharmacy giant.

Investors Business Daily

Bankruptcy expert says this popular retailer will close many stores

A Chapter 11 bankruptcy filing casts doubt on the future of this crucial retailer.

The Street

Rite Aid shares Chapter 11 bankruptcy store closing plan

If the chain has a chance to survive it's going to need to close a lot of stores and that process has started.

The Street

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The Independent UK

Rite Aid's bankruptcy plan stirs worries of new 'pharmacy deserts'

Rite Aid’s plan to close more stores as part of its bankruptcy process raises concern about how that might hurt access to medicine and care

The Street

Essential retailer files for bankruptcy, stores will close

A retail store chain relied on by millions of shoppers will close stores after filing for Chapter 11 bankruptcy.

Investors Business Daily

Stock Market Remains Steadfast; Data Analytics Stock Pops On Upgrade

The stock market remained positive with the major indexes all gaining around 1%. Retail stock rises on news it will get added to the S&P 500 Index.

The Street

Rite Aid seeks Chapter 11 bankruptcy protection amid Opioid lawsuits, slumping sales

Rite Aid hopes to continue operations through its Chapter 11 bankruptcy, but will close stores and cut costs amid slumping Covid sales and pending opioid lawsuits.

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WEKU

Pharmacy chain Rite Aid files for bankruptcy amid declining sales and opioid lawsuits

Rite Aid said it was arranging for payment of wages and other costs as usual, though some "underperforming" stores among its more than 2,100 pharmacies in 17 states will be closed.

The Independent UK

Major US pharmacy chain Rite Aid files for bankruptcy

Major U.S. pharmacy chain Rite Aid says it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits

The Street

Beyond Bankruptcy: Essential retailers face huge store closures

One key type of store has been hit much harder than other retailers and that's bad news for a lot of communities.

The Street

Bankruptcy could force this popular retailer to close 500 stores

A retail store chain on the verge of Chapter 11 bankruptcy could shutter one-quarter of its 2,200 stores.

The Street

Bankruptcy Watch: Essential retailer delivers more bad news

Many people count on this struggling retailer to meet important needs and the latest news puts its survival even more in doubt.

The Street

Forget CVS — Rite Aid might also close hundreds of stores

The chain has been talking to creditors and weighing its options but store closures and Chapter 11 are on the table, according to a major report.

The Street

The alarming reason why this popular retailer is on the brink of bankruptcy

An essential retail store could file for bankruptcy soon.

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