Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
They aren't going anywhere anytime soon.
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
Key Points
Drugstore chain Rite Aid revealed it lost more than $1 billion in the months before it filed for bankruptcy.
The company issued a warning to investors that said it may not be...
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
I'm having a hard time understanding what's going on. RA is going to ask the judge to let them out of 347 leases they have on stores. They have an auction to sell their retail assets in November....
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
Some random RA thoughts from my shopping trip today.
Take a walk down the toy aisle and look at the toy packages. You might get a
nice surprise that could be very useful at a later date.
I...
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
I'm surprised that they're closing down the Burbank store. It's right across the street from Porto's and near the studios but it's always empty. The CVS up the street is the busiest CVS that I've...
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
I've never understood how that works. I spend a lot of time on YT and I get bombarded with commercials but I've never bought anything that was advertised so how do the advertisers make any money? All...
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
They are only shutting down 154 stores for this reorganization.
They're listed in this article....
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
Because they make enough money on YT that selling is just for show
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
Downy is still on clearance but Gain went back up.
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
I'm not sure how my above comment relates to the thread other than what I was saying to Kiki about what a bad situation all of the theft has created. Theft was a very big problem for RA and a major...
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
If you do yard sales, nobody will pay anything for your stuff because they all think that it's stolen or that you didn't pay anything for it because of the YT videos. And then the YT idiots will do...
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
I was thinking about this the other day. I'm wondering how many people steal stuff from Wal-Mart and then go home and list it on the Wal-Mart website. That's arbitrage 2023 style.
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
My point is that national chains may not make sense anymore. SoCal is very different than PA or Florida. Stores need to adapt to the areas they serve. If you have a planogram for the entire nation...
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
If you're doing the P&G deal or just want fabric softener, the Downy that's in the ad for $3.49 is ringing up at $1.37 and counts for the deal. It was on clearance a few weeks ago but they got more...
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
Since someone said this is a deal thread (too), I'll drop here that the cashier didn't scan both of my $5 off (5/15 and 5/25) before applying BC
and the AM was able to do something outside the...
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
Are you saying hot food? Like a 7-Eleven? That would be a giant change.
As someone else said, it's totally different in NJ and PA. No booze in the drugstores or the convenience stores. In NJ,...
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
They are not shutting the entire corp, just stores. Not all stores are going to close and since this isn't the deals thread, I'll go make one unless somebody does.
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
I'm in RA almost every day. The majority of customers I see in the Los Angeles area are workers coming in to buy beer. RA's product mix is what an older lady would buy. RA needs to connect with their...
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
i was at my RA over the weekend, which still has 4 in one town. I did notice those signs you mentioned, so maybe it is coming. "new lower price" was on several items i looked at.
Rite Aid Files for Bankruptcy Sunday 10/15/2023
Thread created 10-15-2023 by FabulousPickle2826
+6 Score
35 Replies
10,381 Views
I think a lot of what happens depends on how Wall St feels about the new CEO. I'd say that it's positive since B of A gave RA the money. The CEO is going to have to make changes but they may not be...
Page 1 of
2
1
2
