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Rite Aid Cuts 1,100 Jobs Amid Bankruptcy Filing

5/10/2025

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Summary

Story summary

Rite Aid will lay off over 1,100 employees in New Jersey as it files for bankruptcy on June 4.
The company plans to close distribution centers and sell assets, which may result in store closures.
Job cuts include 595 positions at its Philadelphia headquarters and 363 at the Aberdeen warehouse.
Rite Aid is negotiating the sale of its stores and assets while maintaining pharmacy services during the transition.

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Story summary

Rite Aid will lay off over 1,100 employees in New Jersey as it files for bankruptcy on June 4.
The company plans to close distribution centers and sell assets, which may result in store closures.
Job cuts include 595 positions at its Philadelphia headquarters and 363 at the Aberdeen warehouse.
Rite Aid is negotiating the sale of its stores and assets while maintaining pharmacy services during the transition.