Search results
Results from the WOW.Com Content Network
CVS is closing 900. Rite-Aid is closing 500. What is going on with America’s drug stores? ... Roughly one out of every eight pharmacies closed between 2009 and 2015, ... USA TODAY. New lawsuit ...
Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in Ohio and Michigan.
Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed more than 100 stores nationwide as part of its restructuring efforts.. The first tranche of stores to be ...
A List of Rite Aid's 2024 Store Closings: Here is a list of the Rite Aid store closure this year, confirmed by the company. Note: This list will be updated as more store closures are officially ...
Rite Aid has been closing stores across the nation since filing for bankruptcy. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in ...
In late 2023, Rite Aid announced the closure of 53 more locations. [251] Going into 2024, Rite Aid announced that it would close an additional 77 locations. [252] 53 more stores were added to the closing list in April 2024. [253] Additional closures continued, nearly fully eradicating the pharmacy's presence in Michigan and Ohio. [254]
Rite Aid is in much worse financial shape than its competitors. Over the past six years, Rite Aid has tallied nearly $3 billion in losses and its stock is down more than 90% for the year.
The chain sought government aid to stay afloat for some of 2020 but filed for Chapter 11 bankruptcy, citing "significant financial distress" caused by both COVID-19 and customers' changing buying ...