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Rite Aid closing more stores amid bankruptcy
Rite Aid to close 8 more Pennsylvania stores amid bankruptcy, while maintaining pharmacy services and exploring strategic asset sales.
Rite Aid files Chapter 11, plans asset sale and closures
Rite Aid has filed for Chapter 11 bankruptcy, plans to sell assets, stop gift card use, and end rewards while maintaining pharmacy access for customers.
New Cumberland Rite Aid added to closure list
A Rite Aid in New Cumberland is among the latest store closings announced by the company.
Lehigh Valley Rite Aid stores closing
Rite Aid retail stores in the Lehigh Valley are closing.
Rite Aid declines $815m buyout offer
East Pennsboro Township-based Rite Aid confirmed on Thursday that it rejected a buyout offer from a New Orleans-based private equity firm.
Rite Aid sued over use of new logo font
A Delaware-based type foundry and design studio has filed a suit against Rite Aid and its creative and advertising agencies, alleging that the Camp Hill pharmaceutical chain violated a license agreement with the company when it used one of its fonts as part of a $700 million rebranding campaign.
Rite Aid to close 63 stores, expects further closures in the future
Rite Aid plans to shutter 63 of its stores as part of the first phase of a new store closure program, the Camp Hill-based pharmacy chain announced in its third quarter results for 2021.
Rite Aid focuses on remote work in upcoming headquarters change
Rite Aid, headquartered in East Pennsboro Township, Cumberland County, plans to relocate its headquarters to Philadelphia as part of a new focus on remote work.
Rite Aid’s Q1 earnings down, but improved over previous year
For its first fiscal quarter ending May 29, Rite Aid Corp. reported a net loss from continuing operations of $13.1 million, or $0.24 loss per share.
Pa. partners with Rite Aid to get COVID vaccines to the intellectually and developmentally disabled
Pennsylvania-based Rite Aid Pharmacy is partnering with the state to ease access to COVID-19 vaccinations for people with intellectual and developmental disabilities, Gov. Wolf announced.
Pa. Supreme court denies appeal to reinstate retirement pay for convicted former Rite Aid executive
The Pennsylvania Supreme Court ruled that it will not hear an appeal from the wife of a convicted former Rite Aid executive who sought to sue the pharmacy chain for stopping payments through her husband’s retirement package.
Rite Aid rolls out a new store design aimed at women and younger shoppers
“We need to reach into other audiences and build our pipeline for growth,” said Erik Keptner, chief marketing and merchandising officer at Rite Aid. “That's why we are tuning much of our merchandising to attract that customer, but not at the expense of retaining our current customers.”
