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2. Rite Aid CFO promoted to CEO as drug store chain exits ... - AOL

   www.aol.com/finance/rite-aid-cfo-promoted-ceo...

   Its careers website now states it has approximately 1,700 retail pharmacy locations. Before filing for Chapter 11, in January 2023, Heyward Donigan, CEO of Rite Aid since 2019, stepped down ...

3. Rite Aid’s CFO just got the top job—part of a growing trend ...

   www.aol.com/finance/rite-aid-cfo-just-got...

   Rite Aid has posted annual losses for several years in part due to slumping sales. It also faced controversy regarding opioid-related lawsuits . Since 2021, it has moved down 39 spots in the ...

4. Rite Aid - Wikipedia

   en.wikipedia.org/wiki/Rite_Aid

   Rite Aid. Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [1] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with over 1,400 stores in 16 U.S. states, primarily on the East and West coasts.

5. Heyward Donigan - Wikipedia

   en.wikipedia.org/wiki/Heyward_Donigan

   During her time at Rite Aid, Donigan closed more than 150 unprofitable stores. [12] Donigan was credited with avoiding the bankruptcy for Rite Aid by pushing debt payments due in 2022 to 2025; however, Deutsche Bank warned the company was in danger of a "dramatic negative inflection point" in April 2022. Other analysts were less skeptical of ...

6. Rite Aid Bankruptcy: These MA Locations Could Be Affected - Patch

   patch.com/massachusetts/across-ma/rite-aid...

   Rite Aid said it had secured $3.45 billion in financing and debt reduction agreements that will help it stay afloat through the court-supervised bankruptcy. The company will sell off its Elixir ...

7. Alex Grass - Wikipedia

   en.wikipedia.org/wiki/Alex_Grass

   [2] [4] Rite Aid's initial public offering at $25 a share on the New York Stock Exchange earned the Grass family $8.75 million. [2] [4] Rite Aid purchased a rival chain, the Daw Drug Company, which was based in Rochester, New York, in 1969, which doubled the company's size and gave Rite Aid a pharmacy business for the first time. [4] By the ...