Rite Aid filed for bankruptcy on Monday, its second chapter 11 filing within two years, to look for buyers for its assets.The Philadelphia-based chain shut down hundreds of stores in its last ...

Rite Aid’s return to bankruptcy within a year after completing its prior Chapter 11 shows that when critical vendors aren’t ...

Experts told BI Rite Aid's financial problems were worsened by the larger industry shifts facing drugstore chains.

However, they’ve struggled to keep up with Amazon, Target and other retailers and have also had issues with theft, which has chipped away their profitability. Rite Aid on Monday announced it is ...