Rite Aid Legal Issues

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Rite Aid, Court and Fire Sale

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Court Approves Fire Sale of Most of Rite Aid's Pharmacy Assets

Rite Aid's attorney Alice Eaton said the quick transfer of pharmacy customers’ prescription files accomplished one of the company’s primary goals in bankruptcy.

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Becker's Hospital Review · 12h

Judge approves Rite Aid assets sale

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Court OKs Rite Aid Pharmacy Asset Sale To CVS, Walgreens And Grocers

Dozens of Rite Aid stores, prescription files set to transfer to CVS, other pharmacies

Rite Aid said its stores will remain open and customers can continue to access their pharmacy services, including prescription refills and immunizations.

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Rite announces dozens more closings in Western Pennsylvania area

fox61 · 1d

Rite Aid store closings now surpass 200 locations. Here's a full list

Rite Aid offloads pharmacy assets of 1,000 locations to several rivals

Rite Aid has sold the pharmacy services of most of its stores across the United States to several rivals. The bankrupt company announced the fire sale Thursday, with CVS Pharmacy, Walgreens, Albertsons and Kroger scooping up Rite Aid’s pharmacy services at more than 1,000 locations.

Second Rite Aid Bankruptcy Underscores Importance of Vendor Role

Rite Aid’s return to bankruptcy within a year after completing its prior Chapter 11 shows that when critical vendors aren’t prepared to move forward with business as usual, even a carefully crafted plan risks failure.

6don MSN

Here’s where your Rite Aid prescriptions might end up as stores prepare to close

CVS has agreed to buy the bulk of Rite Aid's pharmacy assets. If approved, CVS would acquire the prescription files for 625 stores, including some in Pennsylvania, New Jersey, and Delaware.

New York Post6d

Rite Aid sells pharmacy assets from 1K stores to rivals — including CVS, Walgreens — after second bankruptcy filing

PBMs have argued that they help keep drug prices down. Rite Aid also saw its debt jump to nearly $4 billion following legal challenges and a multi-million dollar settlement with the US government ...

NJBIZ4d

Rite Aid to sell pharmacy assets to CVS, Walgreens, others

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 ...

Healthcare Dive7d

Rite Aid sells upwards of 1,000 stores to CVS, Walgreens, others

But eight months later, Rite Aid found itself back in the same position earlier this month when it filed for bankruptcy a second time, citing unforeseen liquidity issues. At that point ...

USA Today10d

Rite Aid closing an additional 68 locations across 7 states: See the full list

Rite Aid added 68 more locations to its list of closures in a May 9 filing in the U.S. Bankruptcy Court for the District of New Jersey. The company, which currently operates 1,240 stores across 15 ...

Oregonian6d

Rite Aid to sell dozens of Pacific Northwest pharmacies to rival chain, close hundreds nationwide

Rite Aid plans to close hundreds of its U.S. pharmacies ... parents and music lovers Walmart issues dire warning on prices ‘given the magnitude of the tariffs’ New dress code brews up trouble ...

Penn Live7d

Rite Aid will no longer be accepting gift cards next month

Many of us have them — unused gift cards. So what do you do if you have a Rite Aid gift card, now that the drugstore has filed for bankruptcy a second time and is attempting to sell the business?

Rite Aid Hit With Proposed Class Action Over Corporate Layoffs

Rite Aid workers who were laid off said in a new putative class action that the company violated federal law by failing to give them adequate notice ahead of its bankruptcy.