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Pharmacy chain Rite Aid intends to file for bankruptcy protection for the second time in two years, and is also planning to cut jobs, Bloomberg News reported Monday. The company was unable to secure ...
Rite Aid will no longer honor gift cards or accept any returns or exchanges beginning June 5. Jobs to be cut as stores ... after reporting $750 million in losses for the previous fiscal year.
Ahead of its first bankruptcy filing, Rite Aid had been reporting annual losses for several years and faced financial risks from lawsuits over opioid prescriptions. At the time, the company had ...
Rite Aid filed for bankruptcy on Monday for the second time in less than two years after a previous restructuring reduced the ...
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WJAC-TV on MSNRite Aid to close several area pharmacies & stores; company explains bankruptcy processAs we continue to cover the impact of Rite Aid's Chapter 11 bankruptcy filing on our local area, we have learned that several ...
The Rite Aid company has secured additional financing, but reportedly will cut jobs as part of the bankruptcy ... after it suffered $750 million in losses the previous financial year.
Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open and the company will "facilitate a smooth transfer of customer prescriptions." ...
Job search tips for college grads ... Philadelphia-based Rite Aid had been closing stores and struggling with losses for years before its first bankruptcy filing in 2023. The company says its ...
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