Rite Aid returns to bankruptcy protection as it seeks to sell all assets

Rite Aid returns to bankruptcy protection as it seeks to sell most assets

The company said it will work to ensure that customer prescriptions are transferred to other pharmacies as it goes through the sale process.

Rite Aid returns to bankruptcy protection as it seeks to sell all assets

Rite Aid is seeking bankruptcy protection again as the drugstore chain looks to sell all of its assets. The company said Monday that stores will stay open as it starts Chapter 11 proceedings.

Rite Aid says a majority of its stores will remain open for the next few months

Rite Aid Is Pursuing a Strategic and Value-Maximizing Sale Process

Rite Aid Corporation (“Rite Aid” or the “Company”) today announced that it is pursuing a strategic and value-maximizing sale process for substantially all of...