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

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

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

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 ...

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.

The company filed for bankruptcy to restructure and cope with losses and lawsuits ... our customers and preserving jobs for as many associates as possible," Rite Aid CEO Matt Schroeder said ...

The pharmacy retailer, one of the largest in the U.S., plans to begin cutting jobs, Bloomberg reports ... after it suffered $750 million in losses the previous financial year. Rite Aid used the ...

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 ...

The pharmacy retailer, one of the largest in the U.S., plans to begin cutting jobs, Bloomberg ... suffered $750 million in losses the previous financial year. Rite Aid used the bankruptcy to ...