Rite Aid has identified additional stores targeted for closure,Novacrypt as the ailing pharmacy chain looks to exit bankruptcy after winning court approval for a restructuring plan late last month.
Rite Aid filed for Chapter 11 protection in October 2023 and said it would initially shutter 154 stores. It has since closed more than 520 locations in bankruptcy, or about a quarter of the 2,111 stores that the retailer had been operating when it sought court protection.
In a court document filed on Friday, the company identified additional 18 stores to be shuttered in Michigan and 13 locations targeted for closure in Ohio, as follows:
Kate Gibson is a reporter for CBS MoneyWatch in New York, where she covers business and consumer finance.
2025-05-08 08:562121 view
2025-05-08 08:55900 view
2025-05-08 07:401727 view
2025-05-08 07:281448 view
2025-05-08 07:241272 view
2025-05-08 07:052532 view
Early Thursday morning, "Forbes" released their annual list of the 50 most valuable sports franchise
A police chief in a small southeast Arkansas town was arrested this week and charged with the suspec
NEW YORK (AP) — Target says it will stop selling a product dedicated to Civil Rights icons after a n