Judge Michael Kaplan approved Rite Aid's restructuring plan on June 28, which involves reducing approximately $2 billion in debt and securing access to about $2.5 billion in exit financing. This ...
Rite Aid appears set to shutter its last Lake County location after its Painesville store was listed for closure in a recent court document filed with the U.S. Bankruptcy Court for the District of ...
Although rumors have been swirling for a couple of weeks, and neither was on the list of Michigan closings announced last month, Rite Aid pharmacies in both Alma and Ithaca will be closing within ...
The restructuring plan is aimed at preventing Rite Aid from liquidation by handing control of the business to key creditors.
The latest list of Rite Aid stores closing includes locations in Westlake, Shaker Heights, Painesville, Tallmadge, and Canton ...
Plain Township will lose its third Rite Aid and Stark County will lose its 11th with the company's latest round of store ...
In June, Rite Aid announced that it would close 85 stores. All but three of the closings were in Ohio and Michigan. Rite Aid, ...
Rite Aid’s restructuring plan has been approved, according to multiple reports. U.S. Bankruptcy Judge Michael Kaplan approved ...
More Rite Aid Ohio locations have been added to the running list of closures after the chain filed for Chapter 11 bankruptcy ...
Rite Aid's restructuring plan, approved by a U.S. bankruptcy judge, reduces $2 billion in debt and shifts control to lenders.
Rite Aid bankruptcy plan approved, cutting $2 billion in debt A U.S. bankruptcy judge on Friday approved Rite Aid's restructuring plan, allowing the pharmacy chain to cut its debt by $2 billion and ...
A bankruptcy court in the U.S. has cleared a restructuring plan forwarded by Rite Aid (OTC:RADCQ) to avoid liquidation and ...