Rite Aid Corporation RAD announced a financial restructuring plan, which will help accelerate its ongoing business transformation. This new plan is likely to significantly reduce debt, strengthen ...

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 ...

The pharmacy chain’s restructuring plan received court approval in July 2024 and allowed Rite Aid to eliminate approximately $2 billion of debt as well as receive approximately $2.5 billion in exit ...

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

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 ...

Walgreens, Rite Aid and Bartell Drugs in the Pacific Northwest are just a few of the retailers who have begun offering the vaccines. The restructuring plan is aimed at preventing Rite Aid from ...

Part of the company's bankruptcy plan is to shutter hundreds ... Stein, Chief Executive Officer and Chief Restructuring Officer. “I am excited about Rite Aid’s future as it continues to ...

Rite Aid asks bankruptcy court to approve its restructuring plan If approved, Rite Aid would emerge from Chapter 11 under the ownership of lenders including Brigade Capital and HG Vora.

Stein, Chief Executive Officer and Chief Restructuring Officer ... pursuant to the Plan of Reorganization. Separately, Rite Aid today announced that Matt Schroeder, who most recently served ...