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 ...

(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 ...

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 ...