Justin Mennen, Rite Aid's executive vice president and chief digital and technology officer, has left the company. Mennen was terminated on July 28, according to a securities filing. The company ...

The company’s opioid-related legal liabilities add to Rite Aid’s long-standing financial pressures. Rite Aid in June reported quarterly revenues of $5.7 billion, down from $6 billion a year ago. Its ...

The pharmacy retailer plans to use bankruptcy to shrink its store footprint and manage a nearly $4 billion debt load. In court documents, Stein said “a confluence of operational and financial factors ...

Rite Aid said it never really had a chance to right itself following its 2023 bankruptcy, saying many vendors failed to live up to agreements to ease their terms. Moreover, the company faced ...