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Rite Aid to Close 2 Distribution Centers
5 Articles
5 Articles
With Second Bankruptcy Filing Since 2023, Rite Aid Nears End Of The Line - Food Trade News & Food World
The final curtain for decades-long beleaguered drug chain Rite Aid appears close at hand. Earlier this month, the Pennsylvania-based retailer, which has headquarters in Philadelphia and Camp Hill, filed for bankruptcy, the second time in 19 months. This time it appears there’ll be no restructuring or an attempt to survive another round of deep cuts. The second filing almost certainly means that Rite Aid will ultimately liquidate after it finds b…
Walgreens, one of the major drugstore chains in the United States, has announced an ambitious restructuring plan that contemplates the closure of approximately 1,200 stores in the country over the next three years. This process began in May 2025 with the closure of dozens of branches in at least 13 states, as part of a strategy to optimize their network of premises and improve their profitability. YOU CAN SEE: Pope Leo XIV moves the WORLD: "Tell…
Rite Aid to sell pharmacy assets to CVS, Walgreens, others
The basics: Rite Aid to sell pharmacy assets to CVS, Walgreens & others 1,000+ stores and prescription files affected nationwide More closures expected in May and June — including in NJ Rite Aid plans to sell the pharmacy assets of its 1,000-plus locations nationwide to several competing chains, including CVS Pharmacy and Walgreens. In a May 15 press release, the now-bankrupt Philadelphia-based company said the proposed series of transactions a…
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