PHILADELPHIA -- Rite Aid announced Tuesday it is closing another 63 stores to save about $25 million per year. After years of overexpansion, Rite Aid and other giant American pharmacy chains have ...

Rite Aid will close 53 more store locations across nine states, adding to the approximately 200 it has closed since filing for Chapter 11 bankruptcy protection last year, per a report in The Hill.

For some, like Rite Aid, a second bankruptcy marked an end for the prominent drugstore chain. For others, it marked a change ...

Rite Aid has announced another 95 planned store closings, including 70 locations in Pennsylvania. The retailer last week said it had agreed to sell 64 stores in the Pacific Northwest to CVS and to ...

Rite Aid reported a very difficult quarter on Thursday when the pharmacy chain reported a much larger-than expected loss, sending shares plunging 28% in the session. The loss was related to costs ...