Rite Aid Hits Bankruptcy Less Than A Year After Previous Ch. 11

By Rick Archer · May 5, 2025, 5:43 PM EDT

Drugstore chain Rite Aid Corp. reentered bankruptcy Monday less than a year after its earlier reorganization plan was approved, filing for Chapter 11 protection in New Jersey bankruptcy court with more...

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Bankruptcy Scorecard

Summary

Rite Aid Corp. filed for bankruptcy again — less than a year after getting an earlier reorganization plan approved — now seeking Chapter 11 protection in New Jersey bankruptcy court with over $2.1 billion in debt and plans for an asset sale.

Case Number

25-bk-14861

Judge

Michael B. Kaplan

Venue

U.S. Bankruptcy Court for the District of New Jersey

Capital Structure

Total Liabilities:

Roughly $2.2 billion

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Documents

Petition