The transaction is another sign of the pressure that traditional retailers and pharmacies are facing from consumers shopping online.

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BING NEWS:
  • Rite Aid has already closed over 500 stores and more could be on the way
    Rite Aid, which had pharmacies across 17 U.S. states when it filed for bankruptcy, has been closing underperforming locations in part due to its high debt, revenue decline, increased competition, and ...
    05/3/2024 - 10:00 am | View Link
  • Rite Aid Closes a Quarter of Stores as It Navigates Bankruptcy
    Rite Aid Corp. is working to complete a deal with lenders to exit bankruptcy. But even with a rescue deal in hand, the ailing pharmacy chain is poised to to be significantly smaller.
    05/3/2024 - 3:54 am | View Link
  • Walmart, Walgreens and Rite Aid: Why clinics are closing
    Walmart, Walgreens and Rite Aid have begun closing clinics nationwide. Here's why. Walmart Health is closing all 51 of its clinics and shutting down its virtual care services.
    05/1/2024 - 6:03 am | View Link
  • Rite Aid shutting down Harrison Township location
    Another pharmacy is closing in Montgomery County. Located on the corner of Salem and Siebenthaler avenues, the Rite Aid location at 3875 Salem Ave. in Harrison Township is shutting down. While the ...
    04/26/2024 - 9:18 am | View Link
  • 2 more Rite Aid stores in the region set to close
    The Rite Aid in South Whitehall, Lehigh County and a Schuylkill County location in Pottsville are among the stores shutting their doors in this latest round.
    04/26/2024 - 7:27 am | View Link
  • More

 

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