Rite Aid to file for bankruptcy again, Bloomberg reports

Written by Emily J. Thompson, Senior Investment Analyst

Updated: May 05 2025

0mins

Bankruptcy Filing: Rite Aid plans to file for Chapter 11 bankruptcy less than a year after a previous restructuring attempt failed to improve its financial situation.
Job Cuts: The company is also expected to reduce jobs at its corporate offices due to the inability to secure additional capital from lenders.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.