In September, Rite Aid formally emerged from bankruptcy. The company had filed for Chapter 11 bankruptcy protection in late 2023 and closed nearly 800 stores as part of the process.

The Rite Aid in Orange on E. Chapman Ave. is closing. Signs on Friday, April 26 indicated sales inside were up to 30% off. Photo by Samantha Gowen, Orange County Register, SCNG.

By Ike Swetlitz and Jonathan Randles | Bloomberg Rite Aid has told its employees it intends to file bankruptcy less than a year after completing an earlier restructuring that failed to turn around ...

Schroeder blamed the job cuts on “the dramatic downturn in the economy,” tariffs and increased costs from suppliers and landlords. Rite Aid lenders would no longer cover payroll or other ...

Rite Aid to file second bankruptcy, announces job cuts Its CEO blamed corporate job cuts on “the dramatic downturn in the economy," tariffs and increased costs.

A Chapter 11 filing would mark Rite Aid’s second bankruptcy in less than three years. The retailer first filed Chapter 11 in October 2023, using its time in court to cut $2 billion in debt and ...