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Big changes are coming to Rite Aid in New Jersey, with over 1,100 jobs lost and 20 stores closing, affecting local ...
Retail is the second-leading industry for job cuts so far this year, behind only the federal government, according to a new report.
(WJET/WFXP) — Rite Aid has filed for bankruptcy again, less than a year after exiting its first. Bloomberg, citing a letter sent to employees by Rite Aid CEO Matthew Schroeder, reported Monday ...
The pharmacy retailer, one of the largest in the U.S., plans to begin cutting jobs, Bloomberg reports. Reports that Rite Aid was low on cash and preparing a sale emerged in April, a month after ...
Schroeder blamed the job cuts on “the dramatic downturn in the economy,” tariffs and increased costs from suppliers and landlords. Rite Aid lenders would no longer cover payroll or other ...
Layoffs at all Rite Aid stores across New York state will begin June 4, according to a Worker Adjustment and Retraining Notification. The WARN notice was posted May 23 to the state’s Department ...
(WJET/WFXP) — Rite Aid has reportedly filed for bankruptcy again, less than a year after exiting its first. Bloomberg, citing a letter sent to employees by Rite Aid CEO Matthew Schroeder ...
Rite Aid didn’t immediately return messages seeking comment. A copy of the letter was shared earlier on social media. Schroeder blamed the job cuts on “the dramatic downturn in the economy ...
Less than a year after completing a restructuring that was supposed to turn the troubled pharmacy chain around, Rite Aid Corp. has filed ... is also planning to cut jobs at its corporate offices ...