The lawsuit, over a deal made while Rite Aid was in bankruptcy, is the company's latest blow. Since 2022, the Philly-based chain has closed more than 1,100 stores nationwide.

The two closings come amid a report from the Wall Street Journal that says Rite Aid is considering another bankruptcy.

Philadelphia-based Rite Aid, the drugstore chain that once called East Pennsboro Township home for decades, is considering ...

Less than two years after seeking bankruptcy protection, Rite Aid is reportedly mulling another Chapter 11 filing.

JD Sports said it has more market share in North America than its rival retailer, while the drugstore is reportedly ...

Wedbush analyst Dan Ives sharpened his criticism of how Elon Musk is running Tesla Inc., saying the electric-vehicle giant’s chief executive needs to make two major moves to stop the stock’s ...