Rite Aid is shuttering more stores after filing for Chapter 11 bankruptcy protection for a second time in two years. The ...

Struggling with mounting debt, dwindling cash reserves, and ongoing legal pressures tied to the ... and Closures With severe liquidity issues, Rite Aid Corp. is actively seeking a debtor-in ...

However, they’ve struggled to keep up with Amazon, Target and other retailers and have also had issues with theft, which has chipped away their profitability. Rite Aid on Monday announced it is ...

More than 110 stores across 12 states were identified as additional store closures in a Friday court filing. Including previous rounds outlined in court filings, Rite Aid has identified 360 stores for ...

But eight months later, Rite Aid found itself back in the same position earlier this month when it filed for bankruptcy a second time, citing unforeseen liquidity issues. At that point ...

Rite Aid on Monday announced it is filing for bankruptcy for a second time, barely just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped ...

Rite Aid first filed for bankruptcy in October 2023, becoming a casualty of a miserable environment for drug stores, exacerbated by its runner-up status to bigger chains and expensive legal ...