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Drug retailer Rite Aid files for bankruptcy, gets $3.45 bln commitment

Mamardi October 16, 2023

Rite Aid Corp which filed for Chapter 11 bankruptcy on Sunday, said it has received a commitment for $3.45 billion in new financing and named a new CEO, as litigations alleged … Read More

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Rite Aid executives bemoan out-of-control NYC shoplifting at stores

Mamardi September 30, 2022

Top Rite Aid executives grumbled about a widespread shoplifting problem in New York City after the retailer reported worse-than-expected quarterly results on Thursday. Rite Aid CEO Heyward Donigan told analysts … Read More

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Tag: rite aid

Drug retailer Rite Aid files for bankruptcy, gets $3.45 bln commitment

Rite Aid executives bemoan out-of-control NYC shoplifting at stores