Rite Aid to file for bankruptcy again
- Mike Cihlar
- May 6
- 1 min read
Updated: May 15
The filing is coming in response to the company's inability to borrow more capital to keep operating the business, CEO Matthew Schroeder said in the memo. The retailer will also cut jobs at its corporate offices, the memo says. https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Frp.omeclk.com%2Fportal%2Fwts%2Fuc%255EcnbDe%255E%255Baqrx2d2xeg-Q6v%257C&data=05%7C02%7C%7Cf0b368b0bec24dda533308dd8ce8fd38%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638821654496359105%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=gxDvCGqzMfLggopdgz77Q1ucoZ6988SmZi3Ifsv7Kac%3D&reserved=0



Comments