Rite Aid files for bankruptcy again months after exiting Chapter 11

Name: Rite Aid files for bankruptcy again months after exiting Chapter 11
Uploaded: 2025-05-06T20:02:00-0400
Duration: 30 s
Description: Rite Aid has once again filed for bankruptcy. This announcement comes just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped drug store chain said it is looking for a buyer, and re-filing for Chapter 11 bankruptcy protection will help facilitate that process. The company said it plans to keep its stores open throughout its bankruptcy.

Rite Aid has once again filed for bankruptcy. This announcement comes just seven months after the chain exited Chapter 11 and emerged as a private company. The financially strapped drug store chain said it is looking for a buyer, and re-filing for Chapter 11 bankruptcy protection will help facilitate that process. The company said it plans to keep its stores open throughout its bankruptcy.