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Less than a year after completing a restructuring that was supposed to turn the troubled pharmacy chain around, Rite Aid Corp. has filed for bankruptcy again.
Layoffs at all Rite Aid stores across New York state will begin June 4, according to a Worker Adjustment and Retraining ...
Schroeder blamed the job cuts on “the dramatic downturn in the economy,” tariffs and increased costs from suppliers and landlords. Rite Aid lenders would no longer cover payroll or other ...
Retail is the second-leading industry for job cuts so far this year, behind only the federal government, according to a new ...
Schroeder blamed the job cuts on “the dramatic downturn in the economy,” tariffs and increased costs from suppliers and landlords. Rite Aid lenders would no longer cover payroll or other ...
Rite Aid has filed for bankruptcy, the company announced on Monday, the second time the nationwide pharmacy chain has taken ...
Rite Aid didn’t immediately return messages seeking comment. A copy of the letter was shared earlier on social media. Schroeder blamed the job cuts on “the dramatic downturn in the economy ...
(WJET/WFXP) — Rite Aid has filed for bankruptcy again, less than a year after exiting its first. Bloomberg, citing a letter sent to employees by Rite Aid CEO Matthew Schroeder, reported Monday ...
(WHTM) – Rite Aid, the once-time pharmacy giant previously headquartered in Cumberland County, intends to file for bankruptcy a second time and cut jobs. The news was first reported by Bloomberg.