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Rite Aid inks bankruptcy deal with creditors, DoJ, McKesson

Rite Aid inks bankruptcy deal with creditors, DoJ, McKesson
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5th metro Detroit drugstore closes and customers think they know why

The Rite Aid in Midtown will be the fifth drugstore to close in recent years along a stretch of Woodward running through Detroit and Highland Park.

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As drugstore bankruptcy woes continue, Broadway Rite Aid joins Bartell Drugs in exit from Capitol Hill

As drugstore bankruptcy woes continue, Broadway Rite Aid joins Bartell Drugs in exit from Capitol Hill
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Customers: Capitol Hill Bartell Drugs store set to join wave of closures

Customers: Capitol Hill Bartell Drugs store set to join wave of closures
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6 Seattle-area Rite Aid and Bartell locations to close

6 Seattle-area Rite Aid and Bartell locations to close
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Rite Aid bankruptcy may mean more Bartell, Rite Aid closures in Seattle

Rite Aid bankruptcy may mean more Bartell, Rite Aid closures in Seattle
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Drug Retailer Rite Aid Files for Bankruptcy Protection

Drug Retailer Rite Aid Files for Bankruptcy Protection
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Drug retailer Rite Aid files for bankruptcy protection

The bankruptcy process will allow Rite Aid to resolve litigation claims in an "equitable manner", the company said. Rite Aid has appointed Jeffrey Stein as its new CEO and chief restructuring officer, replacing interim CEO Elizabeth Burr. Rite Aid will close more of its underperforming stores and will transfer employees at impacted stores to other locations where possible, the company said, without providing further details.

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Ceremony Assist Plummets; CEO Heyward Donigan Cites Covid For Cautious Outlook • MV TELEGRAPH

Ceremony Assist Plummets; CEO Heyward Donigan Cites Covid For Cautious Outlook • MV TELEGRAPH
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DBusiness Daily Update: ASE Releases 2022 Salaries for Co-op Students, Recent College Graduates, and More

Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies.

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