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Rite Aid Corporation Bankruptcy Case Study!
200 Newberry Commons
Phone: (717) 761-2633p:717 761-2633 Etters, PA  17319  United States Fax: (302) 655-5049f:302 655-5049
Filed for Bankruptcy on 5/5/2025
Case #25-14731, filed in the U.S. Bankruptcy Court for the District of New Jersey (Trenton)
On 10/15/2023, Rite Aid Corporation filed for Chapter 11 Bankruptcy and had its plan confirmed, which subsequently went into effect. However, the case was never formally closed or dismissed by the Court, meaning no final decree was entered. As a result, the original Bankruptcy case technically remained pending. Because the first case had not been dismissed, the 180-day refiling bar under § 109(g) which only applies when a prior case is dismissed did not come into effect. Therefore, Rite Aid was fully entitled under Bankruptcy law to initiate a new Chapter 11 proceeding.
This company is no longer actively traded on any major stock exchange.
Business Summary
Rite Aid Corporation is a full-service pharmacy engaged in improving health outcomes. The Company meets customer needs with a range of solutions that offer convenience, including retail and delivery pharmacy, as well as services offered through its wholly owned subsidiaries Health Dialog Services Corporation (Health Dialog) and Bartell Drug Company (Bartell Drugs). Health Dialog provides healthcare coaching and disease management services via live online and phone health services. Regional chain Bartell Drugs supports the health and wellness needs in the Seattle area. Its Retail Pharmacy segment’s primary business is the sale of prescription drugs and related consultation to its customers. Additionally, the Retail Pharmacy segment sells a full selection of health and beauty aids and personal care products, seasonal merchandise, and a large private brand product line. The Company operates more than 1,700 retail pharmacy locations across 16 states.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes-Yes-

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/2/20233/4/2023YesYesYesYesYes

Industries
SIC Code Description
5912 Drug stores and proprietary stores
5999 Miscellaneous retail stores, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Bruce G.Bodaken 72 10/30/2018 5/13/2013
Chief Executive Officer, Chief Restructuring Officer and Director Jeffrey S.Stein 54 10/15/2023 10/15/2023
Chief Financial Officer, Executive Vice President Matthew C.Schroeder 53 9/1/2019 1/1/2010
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Health Dialog Services Corporation 6 Bedford Farms Bedford NH United States
Envision Acquisition Co. LLC 2181 E. Aurora Rd. Twinsburg OH United States
Envision Pharmaceutical Services, Inc. 2181 East Aurora Road Twinsburg OH United States
144 additional Subsidiary records available in full report.

Business Names
Business Name
1515 West State Street, Boise, Idaho, LLC
1740 Associates, L.L.C.
4042 Warrensville Center Road -
190 additional Business Names available in full report.

General Information
Outstanding Shares: 55,974,015 (As of 7/22/2024)
Shareholders: 9,823
Stock Exchange: OTC
Federal Tax Id: 231614034
Fax Number: (302) 655-5049


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Friday, May 9, 2025