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Rite Aid sued the U.S. Department of Justice (DOJ ... more than $2M in tourism grants to more than 100 entities If you purchase a product or register for an account through a link on our site ...
Pile on macroeconomic pressures to this and Rite Aid said that “The combined effect of lower-than-expected liquidity from the letter of credit facilities, inventory challenges, strained vendor ...
In a letter to Rite Aid vendors that was included in its bankruptcy filing, it said it has stopped purchases except “for those that it believes are essential to supporting this process”.
In a letter sent to vendors this week, the company said it has “generally stopped purchasing goods and services,” except those that will get it through its latest bankruptcy. “Rite Aid finds ...
“Beginning, May 6, 2025, Rite Aid Rewards points will no longer be issued for qualifying purchases,” Rite Aid ... of inventory challenges, strained vendor relations, lower consumer spending ...
A “significant” Rite Aid vendor recently notified the pharmacy chain that it would be shortening and restricting payment terms which could have the effect of accelerating a company loan ...
Rite Aid reached a settlement with its lenders — thee U.S. Department of Justice and drug supplier McKesson Corp — regarding its first bankruptcy filing last spring, per Reuters.
Rite Aid entry on RansomHub's leak site (BleepingComputer) The drugstore chain was added to RansomHub's leak site after it allegedly halted ransom negotiations, which prompted the ransomware gang ...
Following the bankruptcy announcement, the company said on its website Monday that Rite Aid Rewards points will no longer be issued for qualifying purchases. All accrued points and BonusCash will ...
Rite Aid lenders would no longer cover payroll or other employment-related expenses “if we retain the entirety of our workforce,” he said in the letter. A “significant” Rite Aid vendor ...