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Tag: Rite
Rite Aid hit with five-year facial recognition ban over ‘reckless’ use
[ad_1] Rite Aid isn’t allowed to use AI-powered facial recognition technology for another five years as part of a settlement it reached with the Federal Trade Commission. In a complaint…
WeWork, Rite Aid Bankruptcy Fees $41.5 Million Haul for Kirkland
[ad_1] Christmas appears to have come early for Kirkland & Ellis. The law firm, perennially one of the highest-grossing in Big Law and fresh off naming its largest-ever partnership class,…
Elebute, Inuwa, others join Rite Foods’ board
[ad_1] Rite Foods Limited has announced the appointment of new members into the company’s board. The new board members include Mr. Kunle Elebute and Isa Mohammed Inuwa as Independent Non-Executive…
Local businesses head to the mall, Rite Aid is closing, and other Jackson County business news
[ad_1] JACKSON COUNTY, MI – Small businesses are filling stores at Westwood Mall, and Rite Aid is closing a location in Jackson. These are among many businesses making news in…
Rite Aid lost more than $1 billion in months before bankruptcy filing
[ad_1] A Rite Aid store in Kingston, New York, on May 15, 2023. Angus Mordant | Bloomberg | Getty Images Rite Aid lost more than $1 billion in the months…
US pharmacy retailer Rite Aid files for bankruptcy
[ad_1] PHILADELPHIA, Pennsylvania: Rite Aid, one of the largest U.S. pharmacy retailers, filed for bankruptcy protection amid high debt, declining revenue, increased competition, and opioid litigation. The company said it…
Drug retailer Rite Aid files for bankruptcy amid rising debt, opioid litigation
[ad_1] Oct 16 (Reuters) – Debt-laden Rite Aid (RAD.N) filed for bankruptcy protection on Sunday and said it would close underperforming stores, as the drugstore chain comes under pressure from…
Rite Aid files for bankruptcy amid slowing sales, opioid litigation
[ad_1] A Rite Aid store stands in Brooklyn on August 28, 2023 in New York City. Spencer Platt | Getty Images Rite Aid filed for Chapter 11 bankruptcy protection in…