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Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [1] 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 roughly 1,250 stores in 15 U.S. states, primarily on the East and West coasts.
Rite Aid once had some 2,200 locations in 17 states. The number of stores that are either closed or are about to close amounts to about 10% of the chain's total locations. The chain traces its ...
Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in Ohio and Michigan.
Rite Aid is closing multiple locations after filing for bankruptcy last year. See the full list of Rite Aid store closures for 2024.
Save A Lot expanded into Southern California with the purchase of 21 discount-grocery Sav U Foods stores, and a distribution center from the Fleming Companies in late 1996. In 2002, Save A Lot acquired discount variety store chain Deals with 45 stores in the Midwest. The typical Deal$ store had a slightly smaller footprint than Save A Lot and ...
Rite Aid is in much worse financial shape than its competitors. Over the past six years, Rite Aid has tallied nearly $3 billion in losses. While it has secured $3.5 billion in financing and debt ...
RiteRug Flooring, formerly Rite Rug, is a flooring retailer headquartered in Columbus, Ohio. RiteRug Flooring's current headquarters, distribution center, wholesale and outlet showroom are located in a 150,000 space in the Whitehall area of the city. [1] [2] They sell floor coverings in the Columbus area. [3]
Rite Aid filed a petition under Chapter 11 of the U.S. Bankruptcy Code on Oct. 15 amid flagging sales, mounting debt and several opioid-related lawsuits. According to the Wall Street Journal, the ...