Rite Aid to file for bankruptcy again, Bloomberg reports
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 05 2025
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Should l Buy ?
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.
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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.
