Rite Aid has declared bankruptcy for the second time in less than two years, as part of a plan to sell off its pharmacies, ...

Rite Aid on Monday announced it is filing for bankruptcy for a second time, barely just seven months after the chain exited Chapter 11 and emerged as a private company.

“While we have continued to face financial challenges, intensified by the rapidly evolving retail and healthcare landscapes ... and have also had issues with theft, which has chipped away their ...