Experts told BI Rite Aid's financial problems were worsened by the larger industry shifts facing drugstore chains.

American drugstore chain Rite Aid filed for Chapter 11 bankruptcy in May 2025. In a recent statement, the company announced ...

As stores dwindle, there will be impacts on retail, healthcare, communities, and property owners.

Pharmacy chain Rite Aid is going out of business. On May 5, it announced it has initiated Chapter 11 bankruptcy proceedings.

(CNN) – Rite Aid says it will close several dozen more stores amid Chapter 11 bankruptcy proceedings. In a May 9 bankruptcy court filing, the pharmacy chain said 68 additional locations will shutter.

In recent years, prescription drug prices have been top-of-mind for state legislators, who have responded by passing laws that seek to control ...

Pharmacy chain Rite Aid has begun ... Rite Aid CEO Matt Schroeder pointed to financial challenges that "intensified by the rapidly evolving retail and healthcare landscapes" for the filing in ...