Rite Aid’s Turnaround Sent it Back Into Bankruptcy: The Brink

May 13, 2025, 3:25 PM UTC

Welcome to The Brink. I’m Jonathan Randles, a reporter in New York, where I’ve been looking at pharmacy chain Rite Aid’s return to bankruptcy. We also have news on Greek GDP warrants and Saks Global. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net

No Band Aid

Pharmacy chain Rite Aid racked up $355 million in fees to sort out its finances after it emerged from bankruptcy last September. Nine months later it has fallen back into Chapter 11.

The case is fairly unique — lawyers say a number of factors pushed up fees and ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.