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 company told employees it will cut jobs after ... from Schroeder. Rite Aid previously filed for Chapter 11 protection in October 2023 after reporting $750 million in losses for the previous ...

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The ailing pharmacy chain Rite Aid has filed for bankruptcy. It will be closing down all of its stores on the peninsula.

Locations include two Rite Aid stores, a vacuum and sewing center, and a restaurant. PennLive’s most recent list of business closings was published on Aug. 18. Rite Aid has closed its store at ...

Layoffs at all Rite Aid stores across New York state will begin June 4, according to a Worker Adjustment and Retraining Notification. The WARN notice was posted May 23 to the state’s Department of ...

A wave of bankruptcies and widespread store closures among major high-street names—such as Macy’s, Joann, and Forever 21—has ...

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.

Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open for pharmacy services over ...

Rite Aid has posted annual losses for several years in part due to slumping sales. It also faced controversy regarding opioid-related lawsuits. Since 2021, it has moved down 39 spots in the ...

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 ...