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.

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 ...

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 ...