Rite Aid plans second bankruptcy filing in two years, job cuts ahead

  • May 5, 2025

Investing.com -- U.S. pharmacy chain Rite Aid (NYSE: US90274J5618=UBSS ) is planning to file for bankruptcy protection again, marking the second time in two years, according to a Monday report by Bloomberg News. The company is reportedly also planning to reduce its workforce as part of this latest restructuring effort.

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