The company was unable to secure additional capital from lenders that was needed to continue operating the ...

Just months after emerging from a 2023 bankruptcy filing, Rite Aid is reportedly preparing to again file for bankruptcy ...

Rite Aid filed for bankruptcy on Monday for the second time in less than two years after a previous restructuring reduced the ...

The Rite Aid company has secured additional financing, but reportedly will cut jobs as part of the bankruptcy ... after it suffered $750 million in losses the previous financial year.

Ahead of its first bankruptcy filing, Rite Aid had been reporting annual losses for several years and faced financial risks from lawsuits over opioid prescriptions. At the time, the company had ...

Rite Aid will no longer honor gift cards or accept any returns or exchanges beginning June 5. Jobs to be cut as stores ... after reporting $750 million in losses for the previous fiscal year.

An internal letter was issued by Schroeder to inform Rite Aid employees about impending job reductions after unsuccessful ... 11 protection after disclosing losses amounting to $750m for the ...

NJ Transit engineers could walk off the job Friday ... posted annual losses for several years and was cutting costs and closing stores well before its initial bankruptcy filing. Rite Aid also ...

Rite Aid previously filed for Chapter 11 protection in October 2023 after reporting $750 million in losses for the previous fiscal year. The company used its previous bankruptcy to cut $2 billion ...

Just months after emerging from a 2023 bankruptcy filing, Rite Aid is reportedly preparing to again file for bankruptcy ...