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During the company’s earnings call on Tuesday, Chief Financial Officer Toby Xu attributed the steep decline in its cash flow, at $1.43 billion, down from $3.01 billion a year ago, to its “strategic ...

Attention! Another new term has entered the TikTok lexicon, and you’re about to see it everywhere. If you’ve spent any time on the app within the past week, you might have noticed people talking about ...

“This is a rare opportunity to acquire one of the most well-known retail healthcare brands in the U.S.,” said David Peress, Executive Director of IP Services at Hilco Global in a statement. “The Rite ...

The company thanked its loyal customers for their support over the years. Rite Aid has shuttered all of its stores after more than six decades in business. The pharmacy chain made the announcement in ...

After nearly six decades in business, the final Rite Aid stores have officially shuttered, marking the end of what was once one of America’s largest pharmacy chains. The company’s decline was driven ...

US pharmacy chain Rite Aid announced that it would close all remaining stores. The company's website was replaced on Saturday with a message announcing the closure: "All Rite Aid stores have now ...

Oct. 5 (UPI) --After filing its second bankruptcy in May, the chain of Rite Aid drugstores have officially closed. The store, which officially opened in 1962, began the large-scale shuttering of ...

Rite Aid has closed all of its locations across the United States after previously declaring bankruptcy. The former drugstore chain shared the announcement on its website, with a message that read in ...

The company announced that it filed for Chapter 11 bankruptcy in May 2025 Charna Flam is a writer-reporter at PEOPLE. She has been working at PEOPLE since 2023. Her work has previously appeared on ...

Rite Aid, once one of America’s biggest pharmacy chains, shuttered its remaining 89 stores this week after filing for bankruptcy in May for the second time in less than two years. “All Rite Aid stores ...

Rite Aid, a once-national pharmacy chain popular for its in-store ice cream scoops, has closed its doors. The company announced all its stores have "now closed" in a statement posted to its website.