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The Latest Breaking News from Rite Aid

The American pharmacy meltdown

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

Fortune

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

The Independent UK

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

From analysis to the latest developments in health,
read the most diverse news in one place.

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.

Fortune

Rite Aid's Elixir Sale Receives Court Approval, Boosts Finances!

Rite Aid's bankruptcy woes take an elixir-infused turn as they secure court approval for a 5 million sale, bringing hope to their uncertain future.

Top News

Triangulating Apple

Episode 486 of the Cyberlaw Podcast

Reason

Ring in 2024 with Open Stores and Closed Chains

Kick off the new year with some shopping! Check out our guide to which stores are open and closed on New Year's Day in the US. Happy shopping!

Top News

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West Virginia starts distributing funds from the settlement of opioid lawsuits

West Virginia is issuing the first checks from a fund established up by the settlement of opioid lawsuits

The Independent UK

Why corporate bankruptcies were up in 2023 despite the improving economy

Hundreds of debt-saddled companies filed for bankruptcy this year, as the era of easy money caught up to corporations. High interest rates mean banks aren't extending lifelines.

WEKU

First Thing: ‘Very serious’ ceasefire negotiations in Gaza face impasse

Hamas has said it will not discuss releasing more hostages until Israel ends its war, while Israel has vowed to continue ‘to the end’. Plus, the women who fought back against a couch-surfing predator

The Guardian - UK

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.

Top News

Rite Aid facial recognition misidentified Black, Latino and Asian people as ‘likely’ shoplifters

Surveillance systems incorrectly and without customer consent marked shoppers as ‘persons of interest’, an FTC settlement says

The Guardian - US

Rite Aid Banned from Facial Recognition Tech Over Alleged Bias

Rite Aid banned from using facial recognition due to alleged misidentification of shoplifters. FTC settlement reached, but Rite Aid disagrees with claims.

Top News

Rite Aid banned from using facial recognition technology in stores for five years

Rite Aid has been banned from using facial recognition technology for five years over allegations that a surveillance system it used incorrectly identified potential shoplifters, especially Black, Latino, Asian or female shoppers

The Independent UK

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Fortune

Rite Aid 'left its customers facing humiliation,' says FTC as it hits chain with five-year facial-recognition ban

Rite Aid, which has already gone bankrupt partly due to opioid claims, accepted the ban under an FTC settlement.

Top News

Rx Resurgence: Rite Aid Resolves Bankruptcy Woes, Gets Loan Nod

Rite Aid, the pharmacy chain, embarks on a zesty path toward bankruptcy mediation and receives an exuberant loan approval to navigate through troubled waters.

International Business Times

US Bans Pharmacy Rite Aid From Facial Recognition Use

Pharmacy group Rite Aid was ordered Tuesday to stop using facial recognition for the next five years by a US regulator, which said the company falsely identified consumers as shoplifters using the technology.

Reason

Short Circuit: A Roundup of Recent Federal Court Decisions

Jury experiments, assault weapons, and machine guns.

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The Independent UK

Best deals for Veterans this weekend

Annual US holiday falls on a Saturday this year

The Independent UK

These 27 eye products could lead to infections and vision loss, FDA warns

If you find one of the products in your home you need to dispose of it immediately, the FDA says

The Independent UK

Eyedrops from CVS, Rite Aid and others carry possible infection risk, FDA says

U.S. health regulators are warning consumers not to use more than two dozen varieties of over-the-counter eyedrops due to the risk of infections that could lead to blindness

WEKU

The FDA warns consumers to stop using several eyedrop products due to infection risk

Federal health officials issued the alert for six different brands of products after finding bacterial contamination at a manufacturing facility.

The Independent UK

Rite Aid's bankruptcy plan stirs worries of new 'pharmacy deserts'

Rite Aid’s plan to close more stores as part of its bankruptcy process raises concern about how that might hurt access to medicine and care

WEKU

Pharmacy chain Rite Aid files for bankruptcy amid declining sales and opioid lawsuits

Rite Aid said it was arranging for payment of wages and other costs as usual, though some "underperforming" stores among its more than 2,100 pharmacies in 17 states will be closed.

The Independent UK

Major US pharmacy chain Rite Aid files for bankruptcy

Major U.S. pharmacy chain Rite Aid says it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits

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