Centrum 7/6  banner

Jeffrey Stein

Rite Aid files for Chapter 11 bankruptcy protection

Rite Aid files for Chapter 11 bankruptcy protection

PHILADELPHIA — Rite Aid Corp. on Sunday announced that it has filed for Chapter 11 bankruptcy protection as part of a voluntary restructuring plan that the company says will reduce its debt, increase its financial flexibility, and allow it to accelerate its ongoing business transformation. In connection with this process, Rite Aid said it has

PP_1170x120_10-25-21