Rite Aid has identified additional stores targeted for closure,Burley Garcia 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.
2025-05-03 02:451840 view
2025-05-03 02:16415 view
2025-05-03 01:56571 view
2025-05-03 01:122809 view
2025-05-03 00:38794 view
WASHINGTON (AP) — Senate Republican leader Mitch McConnellis still suffering from the effects of a f
On a hot day in September, the first session of Mark Alan Hughes’ course, “Introduction to Energy Po
Singer Tony Bennett, whose joyful and stirring renditions of such classics as "Rags to Riches," "The