Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Rite Aid files for bankruptcy, appoints new leadership in financial restructuring initiative

Por: Fox Business Business October 16, 2023

thumbnail

Check out what's clicking on FoxBusiness.com Rite Aid Corp. filed for on Sunday in a financial restructuring effort that included the naming of new leadership as the drug retailer faces lawsuits on accusations of contributing to the opioid crisis. The company said in a news release it initiated a voluntary court-supervised bankruptcy process after setting goals to reduce debt, increase financial flexibility and execute on key initiatives... + full article



Similar News

Rite Aid files for bankruptcy, announces financial restructuring plans amid opioid complaints, lawsuits

ABC News USA Life October 16, 2023

thumbnailOne of the nation's largest drugstore chains has voluntarily initiated the process for bankruptcy protection.Rite Aid that the company had reached an agreement with creditors on the terms of its financial restructuring plan that will increase its financial flexibility and... + más

DOJ Lawsuit Could Hinder Rite Aid’s Turnaround | Forbes

Rite Aid files for bankruptcy, plans to close some stores | WPTV


Rite Aid files for bankruptcy, plans to close some stores

WPTV USA Nation October 16, 2023

thumbnailPharmacy chain Rite Aid announced it has filed for Chapter 11 bankruptcy, which will likely result in the closure of a number of locations. In a statement released by the chain on Sunday, Rite Aid said it intends to close additional underperforming stores. It currently has... + más

DOJ Lawsuit Could Hinder Rite Aid’s Turnaround | Forbes

Rite Aid may place all store items in showcases due to theft in New York City | Fox Business


Rite Aid files for Chapter 11 bankruptcy, names new CEO

WGN-TV USA Sports October 16, 2023

thumbnailPHILADELPHIA (NEXSTAR) — Major U.S. pharmacy chain Rite Aid said Sunday that it and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits. In 2022, Rite Aid settled for up to $30 million to... + más

DOJ Lawsuit Could Hinder Rite Aid’s Turnaround | Forbes

Rite Aid files for bankruptcy, plans to close some stores | WPTV


Rite Aid files for bankruptcy amid growing debt, opioid complaints, lawsuits

ABC7 USA World October 16, 2023

thumbnailprocess for bankruptcy protection.Rite Aid that the company had reached an agreement with creditors on the terms of its financial restructuring plan that will increase its financial flexibility and significantly reduce its existing debt.In addition to billions in debt and... + más

DOJ Lawsuit Could Hinder Rite Aid’s Turnaround | Forbes

Rite Aid files for bankruptcy, plans to close some stores | WPTV


High school scores and top performers from Friday, March 24

Orlando Sentinel USA Sports March 25, 2023

thumbnailOrangewood Christian 11, The Master’s Academy 1 Buzz: Austin Waring threw 5 innings of 1-run ball (0 earned runs) while allowing 4 hits and striking out 8 for Orangewood Christian. He lowered his season ERA to 0.78. Aiden McKee went 3-for-3 with a double, a walk, an RBI and a... + más

NFL Playoff Scenarios | ABC News

Le Krewe du Roi celebrates the state at 58th annual Mardi Gras Ball | The Advocate


DOJ Lawsuit Could Hinder Rite Aid’s Turnaround

Forbes USA Business March 15, 2023

thumbnailThe U.S. Justice Department said Monday, March 13 that Rite Aid “Dispensed Controlled Substances in ... [+] Violation of the False Claims Act and the Controlled Substances Act.” The complaint was brought to the Justice Department by a whistleblower under the False Claims... + más

Rite Aid may place all store items in showcases due to theft in New York City | Fox Business

Rite Aid announces Heyward Donigan exit, appointment of interim CEO | Fox Business


Rite Aid may place all store items in showcases due to theft in New York City

Fox Business USA Business October 07, 2022

thumbnailCheck out what's clicking on FoxBusiness.com Rite Aid is contemplating placing all merchandise in showcases in New York City in an effort to curb retail theft,   In late September, executives at Rite Aid cited shrink, a term that retailers use to describe theft, as an... + más

Rite Aid exec: Impossible to stop NYC store thefts | Fox Business

Kia, Hyundai are easy targets for thieves, insurance data confirms | CNN



About iurex | Privacy Policy | Disclaimer |