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The company was unable to secure additional capital from lenders that was needed to continue operating the ...
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KTALnews.com on MSNRite Aid files for bankruptcy again, some job cuts announcedJust months after emerging from a 2023 bankruptcy filing, Rite Aid is reportedly preparing to again file for bankruptcy ...
The drug store chain is also planning to cut jobs at its corporate offices in Pennsylvania. Rite Aid didn’t immediately return messages seeking comment. A copy of the letter was shared earlier ...
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.
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 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.
NJ Transit engineers could walk off the job Friday ... posted annual losses for several years and was cutting costs and closing stores well before its initial bankruptcy filing. Rite Aid also ...
Just months after emerging from a 2023 bankruptcy filing, Rite Aid is reportedly preparing to again file for bankruptcy ...
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