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Rite Aid's bankruptcy plan, revised on Thursday, would cut $2 billion in debt and provide $47.5 million to junior creditors, including individuals and local governments who have sued the company ...
October 19, 2023 at 8:50 AM. Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed more than 100 stores nationwide as part of its restructuring efforts. The ...
The Rite Aid logo is displayed outside a Ride Aid store on December 21, 2022 in Los Angeles, California. (Photo by Mario Tama/Getty Images) (Mario Tama via Getty Images)
Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [10] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with over 2,000 stores, and ranked No. 148 in the Fortune 500 in 2022.
2. Kevin M. Nagle (born September 15, 1954) is an American businessman, investor, and philanthropist who was the co-founder and chief executive officer of EnvisionRx, a health care and pharmacy benefit management (PBM) company, from October 2001 to March 2014. He is the chairman and CEO of Sacramento Republic FC, a USL Championship club seeking ...
Bartell's was believed to be the nation's oldest existing family-owned drugstore chain until it was sold to Rite Aid in 2020. 1890 to 1956 [ edit ] Bartell Drugs was founded in 1890 when George H. Bartell Sr. (1868–1956) purchased the Lake Washington Pharmacy at 2711 South Jackson Street in Seattle's Central District . [3]
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