Rite Aid files for bankruptcy l GMA



The company, which reportedly has billions of dollars in debt and is facing more than 1,000 lawsuits claiming it filled illegal prescriptions for painkillers, will close hundreds of stores.

Rite Aid files for bankruptcy, announces financial restructuring plans amid opioid complaints, lawsuits: https://trib.al/IYingf1

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18 comments

  1. Just the beginning to end in-person shopping. Mark my words, malls will be obsolete

  2. Serves them right for their hostile takeover of K&B.
    Good riddance

  3. their electrical Energy Management Systems are failing and have no experienced network support https://www.youtube.com/watch?v=VzvYxSXbwtI

  4. Rite Aid just bought Bartell's 2 years ago, what is going to happen to Bartell's?

  5. I'm not surprised they filed for Bankruptcy. There's unfortunately not much foot traffic at Rite Aid either while CVS and Walgreens gets 20 percent more foot and car traffic.

  6. I've been a Rite Aid customer my whole life and am not a fan. They take days to fill prescriptions. I've begun switching to a small local pharmacy that does them on the spot. I do hope they survive, though. It's never good for consumers to not have options. It seems like retail is coming down to Walmart and Amazon. Once there is no competition, quality of service will really go down the tubes.

  7. awwww a big business going bankrupt…shame.

  8. (Daniel 9:27 was fulfilled on August 13 2023 also when the woman began travailing in birth to fulfill the time of the gentiles for the mystery of Revelation 12 to be completed, Daniel 12:1 next, three riders released within 2020 and 2023. These words are true and worthy, he who has ears to hear let him hear and blessed is he who understands.)

    “And as he sat upon the mount of Olives, the disciples came unto him privately, saying, Tell us, when shall these things be? and what shall be the sign of thy coming, and of the end of the world?”

    Gospel of Matthew, chapter 24, verse 3.

    “And he said, Take heed that ye be not deceived: for many shall come in my name, saying, I am Christ; and the time draweth near: go ye not therefore after them. But when ye shall hear of wars and commotions, be not terrified: for these things must first come to pass; but the end is not by and by. Then said he unto them, Nation shall rise against nation, and kingdom against kingdom: and great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.”

    Gospel of Luke, chapter 21, verse 8 to 11.

    “All these are the beginning of sorrows. Then shall they deliver you up to be afflicted, and shall kill you: and ye shall be hated of all nations for my name's sake. And then shall many be offended, and shall betray one another, and shall hate one another.”

    Gospel of Matthew, chapter 24, verse 8 to 10.

    “And there shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity; the sea and the waves roaring; men's hearts failing them for fear, and for looking after those things which are coming on the earth: for the powers of heaven shall be shaken. And then shall they see the Son of man coming in a cloud with power and great glory. And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh.”

    Gospel of Luke, chapter 21, verse 25 to 28.

    “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. For God sent not his Son into the world to condemn the world; but that the world through him might be saved. He that believeth on him is not condemned: but he that believeth not is condemned already, because he hath not believed in the name of the only begotten Son of God.”

    Gospel of John, chapter 3, verse 16 to 18.

    “For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures; And that he was buried, and that he rose again the third day according to the scriptures: And that he was seen of Cephas, then of the twelve: After that, he was seen of above five hundred brethren at once; of whom the greater part remain unto this present, but some are fallen asleep.”

    First Corinthians, chapter 15, verse 3 to 6.

    “Repent therefore of this thy wickedness, and pray God, if perhaps the thought of thine heart may be forgiven thee.”

    Acts, chapter 8, verse 22.

    “Jesus answered and said unto him, Verily, verily, I say unto thee, Except a man be born again, he cannot see the kingdom of God.”

    Gospel of John, chapter 3, verse 3.

    “From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand.”

    Gospel of Matthew, chapter 4, verse 17.

    “After two days will he revive us: in the third day he will raise us up, and we shall live in his sight.”

    Hosea, chapter 6, verse 2.

    “But, beloved, be not ignorant of this one thing, that one day is with the Lord as a thousand years, and a thousand years as one day.”

    Second Peter, chapter 3, verse 8.

    “knowing this first, that there shall come in the last days scoffers, walking after their own lusts, and saying, Where is the promise of his coming? for since the fathers fell asleep, all things continue as they were from the beginning of the creation.”

    Second Peter, chapter 3, verse 3 to 4.

    “For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.”

    First Thessalonians chapter 5, verse 3.

    “For the Lord himself shall descend from heaven with a shout, with the voice of the archangel, and with the trump of God: and the dead in Christ shall rise first: then we which are alive and remain shall be caught up together with them in the clouds, to meet the Lord in the air: and so shall we ever be with the Lord.”

    First Thessalonians, chapter 4, verse 16 to 17.

    “in a moment, in the twinkling of an eye, at the last trump: for the trumpet shall sound, and the dead shall be raised incorruptible, and we shall be changed.”

    First Corinthians, chapter 15, verse 52.

    “I tell you, in that night there shall be two men in one bed; the one shall be taken, and the other shall be left. Two women shall be grinding together; the one shall be taken, and the other left. Two men shall be in the field; the one shall be taken, and the other left.”

    Gospel of Luke, chapter 17, verse 34 to 36.

    ……………………………………………………………………………………………………………………………

  9. Rite Aid is too expensive! The only reason I go there is because it's near my house. I use to love Rite Aid as a kid, but the place is over profit than people getting what they need.

  10. Some of them in Massachusetts have become Walgreens

  11. "America is back!" – Joe Biden, 2021

  12. Soon we'll have no retailers , with looting enabling democrat "soft on crime" policy ! Go Brandon ! Trump2024

  13. I thought CVS/Walgreen bought them all out. A pharmacy going bankrupt that sells $500/piece diabetic meds and $7000/piece Wellbutrin XLs and PAIN and ADHD MEDS is absolutley wild. Should have managed your businesses better (Star Trek Enterprise: "Acquisition"–2002 )

  14. Good-bye, Rite Aid! It was good while it lasted. 😢

  15. I guess they did not give the right aid!😊

  16. Amazon Pharmacy is destroying them.