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Angus Mordant. Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in Ohio and Michigan. More ...
June 25, 2024 at 11:54 AM. Judge Rules Against MedImpact In $200M Rite Aid Debt Dispute. MedImpact’s attempt to recoup approximately $200 million following its purchase of Rite Aid Corp’s (OTC ...
Rite Aid's bankruptcy plan would cut $2 billion in debt and provide $47.5 million to junior creditors, including individuals and local governments who have sued the company for allegedly ignoring ...
Heyward Donigan. Heyward Donigan is an American business executive. She served as President and CEO of Rite Aid from 2019 to 2023. Heyward Donigan. Education. University of Virginia, New York University. Title. President and CEO of Rite Aid (2019-2023)
Rite Aid. Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [10] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with over 2,000 stores, and ranked No. 148 in the Fortune 500 in 2022.
Rite Aid, one of the largest U.S. pharmacy chains, received permission from a U.S. judge on Thursday to begin voting on a bankruptcy restructuring plan that would turn over most of the company's ...
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After filing for Chapter 11 bankruptcy protection, Rite Aid said it will receive $3.45 billion in new financing to help the company keep remaining stores open and employees paid while it undergoes ...