Rite Aid Files For Bankruptcy, Will Close Underperforming Stores

Drugstore company Rite Aid filed for bankruptcy, facing slowing sales and opioid litigation. The company will also close underperforming stores according to a turnaround plan agreed upon by its key creditors.

Rite Aid seeks Chapter 11 bankruptcy protection as it deals with lawsuits and losses, AP News

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Rite Aid Files For Bankruptcy, Will Close Underperforming Stores

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