Thread regarding Rite Aid Corp. layoffs

Things are about to go from bad to worse

With the pandemic speeding up what seems to be inevitable, we are already popping up on lists of retailers most likely to file for bankruptcy before the end of the year. And we all know what that brings: not just layoffs, but layoffs without severance. Which means we're screwed.

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Post ID: @OP+163iZYXK

4 replies (most recent on top)

Debt has been pushed, next chance for bk will be 2026, the sky might be falling, but it will take along time

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Post ID: @ibfw+163iZYXK

Deja vu all over again:we've made this 'the sky is falling' list many times over the past decade or so and are still around.Not to mention that this list(prepared by a lawyers' blog)is very suspect as it contains retailers you wouldn't expect to be on it(best buy?!).The off-and-on project to build a fixed link between Sicily and the Italian mainland will be completed and opened to traffic before this company folds.

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Post ID: @3oun+163iZYXK

they should not be on that list bro

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Post ID: @3oyh+163iZYXK

https://www.njlawblog.com/2020/06/articles/bankruptcy-creditors-rights/retailers-to-watch-for-bankruptcy-filing-second-half-2020/

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Post ID: @rcy+163iZYXK

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