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Rite Aid filed for bankruptcy on Monday, its second chapter 11 filing within two years, to look for buyers for its assets. The Philadelphia-based chain shut down hundreds of stores in its last ...

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Less than a year after Rite Aid finally wrapped up its first bankruptcy proceedings, it’s now reportedly planning to file for Chapter 11 protection a second time. Based on a new report from ...

The Wall Street Journal previously reported last month that Rite Aid might consider a second Chapter 11 bankruptcy filing.

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The company listed liabilities in the range of $1 billion to $10 billion in a Chapter 11 petition filed ... Rite Aid enters its second bankruptcy with a smaller retail footprint.

Pharmacy chain Rite Aid has begun Chapter 11 bankruptcy proceedings, the company announced on Monday, May 5. Rite Aid CEO Matt Schroeder pointed to financial challenges that "intensified by the ...