Report: Rite Aid 2nd bankruptcy is imminent amid reports of more store closures and layoffs

fastcompany.com/91328823/rite-aid-store-closures-update-2nd-bankruptcy-rumors-2025-layoffs

Less than a year after Rite Aid finally wrapped up its first bankruptcy proceedings, it’s now reportedly planning to file Chapter 11 for a second time.
Based on a new report from Bloomberg, Rite Aid employees received a letter today from CEO Matthew Schroeder sharing that the company’s…

This story appeared on fastcompany.com, 2025-05-05 19:55:00.
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