Rite Aid is closing one of its Stockton stores
Digest more
Rite Aid has filed for bankruptcy protection, again, and announced plans to sell off prescriptions, inventory, and other assets as it navigates Chapter 11 proceedings.
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 that Rite Aid intended to file for bankruptcy despite completing its recent restructuring plan.