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A Chapter 11 filing would mark Rite Aid’s second bankruptcy in less than three years. The retailer first filed Chapter 11 in ...
Rite Aid also notified New Jersey's labor department that store closures in the state will result in 1,112 layoffs.
Rite Aid only emerged from its first Chapter 11 filing back in September, after erasing $2 billion in debt and closing about 850 stores.
Less than a year after completing a restructuring that was supposed to turn the troubled pharmacy chain around, Rite Aid has filed for bankruptcy again.
Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open and the company will ...
The drug store chain is also planning to cut jobs at its corporate offices in Pennsylvania. Rite Aid didn’t immediately return messages seeking comment. A copy of the letter was shared earlier ...
Rite Aid filed for bankruptcy on Monday for the second time in less than two years after a previous restructuring reduced the ...
Pharmacy chain Rite Aid will reportedly seek Chapter 11 bankruptcy protection for a second time, leaving its future uncertain ...
The company received court approval to pursue a rapid-fire sale of its pharmacy assets from more than 1,000 store locations on Thursday.
Less than a year after completing a restructuring that was supposed to turn the troubled pharmacy chain around, Rite Aid Corp. has ... chain is also planning to cut jobs at its corporate offices ...
Rite Aid, the once-time pharmacy giant once headquartered in Cumberland County, intends to file for bankruptcy a second time and cut jobs, according to a report from Bloomberg. The ...
The drug store chain is also planning to cut jobs at its corporate offices in Pennsylvania, according to the letter. Rite Aid didn’t return messages seeking comment. A copy of the letter was ...