Stein, Chief Executive Officer and Chief Restructuring Officer ... Rite Aid’s existing common shares were cancelled, pursuant to the Plan of Reorganization. Separately, Rite Aid today announced that ...

In June, a U.S. bankruptcy judge approved Rite Aid's restructuring plan, saying it saved the company from having to shut down ...

Retail pharmacy chain Rite Aid has emerged out of bankruptcy after slashing about $2 billion from its debt, the company announced last week. | Retail pharmacy chain Rite Aid has emerged out of ...

Nearly one year after filing for bankruptcy, Rite Aid is emerging from Chapter 11 with $2 billion less in debt, $2.5 billion ...

The company has eliminated approximately $2 billion of total debt.

Rite Aid will operate as a private company as it has successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, the U.S. drugstore chain said on Tuesday. The pharmacy ...

The pharmacy chain has closed 131 stores in 2024 since it first filed for Chapter 11 bankruptcy in October 2023 and started ...

The drugstore operator on Tuesday named Matt Schroeder, who most recently served as chief financial officer, as CEO. He succeeds Jeffrey Stein, who joined the company as CEO and chief restructuring ...

Rite Aid informed me via email on Wednesday afternoon that it has appointed Steve Bixler as acting chief financial officer.

The company cut about $2B worth of total debt and added $2.5 billion in exit financing. Improving the Patient Financial ...

Now, both companies are preparing to emerge from Chapter 11 with reduced footprints, decreased debt and new leadership.

Rite Aid finally exited from bankruptcy this week, but it's unclear what the company's leaner form will mean for Bartell ...