by Mike Duff | Oct 22, 2025 | Retail Articles
Hilco Global is serving as the agent to market and sell the Rite Aid brand and related assets, with bids for the intellectual property due October 31. The sale is subject to approval of the United States Bankruptcy Court for the District of New Jersey, where Rite Aid...
by Mike Duff | May 20, 2025 | Retail Articles
CVS Pharmacy has agreed to acquire and operate 64 Rite Aid stores in Idaho, Oregon and Washington. As Rite Aid’s Chapter 11 bankruptcy proceedings continue, the CVS Health division said it also had acquired the prescription files of 625 Rite Aid pharmacies across 15...
by Mike Duff | May 6, 2025 | Retail Articles
In a second stint in bankruptcy within a year, Rite Aid Corp. has announced that it is seeking Chapter 11 protection and will attempt to arrange a strategic sale of substantially all of its assets to maximize its remaining value for stakeholders. The company filed its...
by Chandler Harvey | Dec 20, 2024 | Retail Articles
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
by Mike Duff | Nov 14, 2024 | Retail Articles
Dollar Tree, contemplating the reconstituting of its business, has made additional executive moves that could impact how the company approaches its Dollar Tree and Family Dollar store operations. The company has promoted Steve Schumacher to executive vice president...
