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The Latest Breaking News from Rite Aid

Rite Aids could be closing down as company eyes second bankruptcy in two years

The troubled drugstore chain previously filed for Chapter 11 bankruptcy in 2023, which resulted in more than 800 store closures

The Independent UK

Walgreens agrees to be acquired by private equity firm for almost $10 billion

Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money

The Independent UK

Walgreens Reverses 40% Sprint As DOJ Slams Opioid Prescriptions

Walgreens stock tumbled Tuesday after the DOJ said the retail pharmacy violated federal law by filling controlled substance prescriptions.

Investors Business Daily

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Stores Open on Christmas Eve and Day: Walmart, Publix, CVS and More

Which major stores, including Walmart, Publix, Target and more, are open or closed on Christmas Day.

Kiplinger

Inside CVS and Walgreens' downturn: How misguided M&A damaged America's drugstores

CVS and Walgreens shares have plummeted from all the M&A, while Rite Aid is a much smaller chain.

Fortune

Meet 9 CFOs from the Fortune 500 poised to make the jump to CEO

A seasoned executive recruiting expert identifies potential chief executives.

Fortune

California Rite Aid Locks Up Nearly Every Item, Including Cereal And Candy As Shoplifting Skyrockets

The store has opted to fight the shoplifting epidemic by installing locked glass cases for almost every item for sale.

International Business Times

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California Rite Aid Locks Up Nearly Every Item in the Store Including Cereal and Candy as Shoplifting Skyrockets

One Rite Aid store in California, has opted to fight the shoplifting epidemic by installing locked glass cases for almost every item for sale in the store

Latin Times

Rite Aid's CFO just got the top job—part of a growing trend of finance chiefs becoming CEO

The drugstore chain has emerged from federal bankruptcy protection.

Fortune

Rite Aid CFO promoted to CEO as drug store chain exits bankruptcy

The company has eliminated approximately $2 billion of total debt.

Fortune

Rite Aid reveals data breach impacted 2.2 million customers

Customer names and driver license numbers among data stolen in June 2024 cyberattack on Rite Aid.

TechRadar

Rite Aid hit in major data breach with 2.2 million customers affected — names, driver’s license numbers and more stolen by hackers

Rite Aid has begun sending out data breach notification letters after the popular pharmacy chain was hit in a ransomware attack.

Tom’s Guide

Rite Aid confirms data breach following ransomware attack

Pharmacy giant confirms sensitive data was stolen, but health and payment information was not.

TechRadar

July 4: What stores are open and closed on Independence Day?

Government offices, post offices and banks will mostly remained closed, however, many restaurants and retails stores will remain open

The Independent UK

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Fortune

The American pharmacy meltdown

American pharmacies are facing a national crisis–as you’ve probably noticed at your local drugstore.

The Independent UK

Need a pharmacy? These states and neighborhoods have less access

Urban and rural communities have come to depend on pharmacies as a trusted care option and a place for advice

Fortune

The U.S. drugstore is caught in a perfect storm, ditched by customers and squeezed by insurance middlemen

“If even big chains cannot survive—and even CVS and Walgreens are hurting—what do you expect for the small pharmacies?”

Fortune

The great American pharmacy meltdown

Seattle's beloved Bartell’s, now owned by debt-laden Rite Aid, is closing many of its locations. It's the latest symptom of a national health care crisis that hurts all of us.

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Top News

Rite Aid Faces FTC Crackdown for Misusing Facial Recognition Tech

Rite Aid faces FTC crackdown after wrongly identifying customers using facial recognition technology. Privacy and security concerns arise around AI use.

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