Retail is the second-leading industry for job cuts so far this year, behind only the federal government, according to a new ...

It’s been a dicey year, it seems, for people who work in retail. The industry has cut nearly 76,000 jobs from January through ...

A wave of bankruptcies and widespread store closures among major high-street names—such as Macy’s, Joann, and Forever 21—has ...

The number of job cuts announced in the first five months of 2025 increased 80% from the same period the prior year, according to a new report from Challenger, Gray & Christmas.

As part of its ongoing bankruptcy, Rite Aid recently added several more stores to its closure list, including two in Spokane.

The drug store announced it had filed for Chapter 11 bankruptcy again on May 5, the second time since October 2023, and said ...

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Layoffs at all Rite Aid stores across New York state will begin June 4, according to a Worker Adjustment and Retraining Notification. The WARN notice was posted May 23 to the state’s Department ...

Issues with pharmacy benefit managers and reimbursement rates are a contributing factor to the closures seen in Rochester and ...

The Pennsylvania-based company entered bankruptcy with over $2 billion in debt and has warned employees about likely job cuts. Rite Aid Chief Executive Matt Schroeder said on Thursday the ...

The company received court approval to pursue a rapid-fire sale of its pharmacy assets from more than 1,000 store locations ...