Major drugstore chain files bankruptcy again after closing 800 stores

Rite Aid Corp is preparing to sell itself in pieces as it heads toward its second bankruptcy, less than a year after its emergence from Chapter 11 (Picture: Getty Images)The American drugstore chain Rite-Aid has filed for bankruptcy for the second time in two years and is set to cut more jobs.Rite-Aid on Monday stated that it is trying to sell all of its assets and that stores will stay open during the Chapter 11 proceedings.
The pharmacy chain filed for bankruptcy in October 2023, when it had