Rite Aid has emerged from federal bankruptcy protection and will operate as a private company. And it has promoted its CFO, ...
Rite Aid informed me via email on Wednesday afternoon that it has appointed Steve Bixler as acting chief financial officer.
The chain that acquired Bartell is out of bankruptcy reorganization, but it still faces many challenges, writes columnist Jon ...
On the retail side, chain pharmacies face heavy competition from giants such as Amazon and Walmart, a drop in consumer ...
Walgreens, CVS and Rite Aid are not in identical financial positions, but all three are being forced to examine their ...
Kansas City pharmacists walked off the job last September to protest working conditions and brought widespread attention to ...
Richardson said in 2021 ... up the space previously occupied by Rite Aid to accommodate smaller businesses — a hair or nail salon, maybe a small pharmacy or a bank branch.
The board’s April 2021 guidance statement had cautioned against ... Union already has a pharmacy branch that represents ...
Now, both companies are preparing to emerge from Chapter 11 with reduced footprints, decreased debt and new leadership.
These are tough days for pharmacy chains. From Gardena to Venice to Koreatown, storefronts that used to be Rite Aid drugstores sit ... closing locations since 2021, when it announced a realignment ...
Rite Aid has posted annual losses for several years in part due to slumping sales. It also faced controversy regarding opioid-related lawsuits. Since 2021, it has moved down 39 spots in the ...