The Pennsylvanian drugstore chain files for Chapter 11 bankruptcy for the second time in two years. Stores to remain open ...

Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open and the company will "facilitate a smooth transfer of customer prescriptions." ...

The costs of settling opioid lawsuits and pressure from e-commerce giants have worsened the “financial challenges” facing the ...

So, what’s the bottom line? AI-driven bankruptcy isn’t just a matter of companies failing; it’s a symptom of an economic ...

The company said it will work to ensure that customer prescriptions are transferred to other pharmacies as it goes through the sale process.

Bloomberg, citing a letter sent to employees by Rite Aid CEO Matthew Schroeder, reported Monday that Rite Aid intended to ...