4 Articles
4 Articles
Major Drug Store Closes 114 Stores
Your local Rite Aid may soon close. Pharmaceutical Chain Rite Aid has announced it will close 114 of its stores across the United States. The move by Rite Aid comes after the store filed for Chapter 11 bankruptcy twice in the last year. Fox Business reported more on Rite Aid’s decision to close the stores and which locations will be impacted: Rite Aid, which filed for bankruptcy protection twice in less than two years, is shuttering dozens of ad…
Pharmacy chain closing 114 more stores across multiple states
Rite Aid, which filed for bankruptcy protection twice in less than two years, is shuttering dozens of additional stores from its existing portfolio. A bankruptcy court in New Jersey approved an order earlier this month allowing Rite Aid to move forward with plans to close 114 additional stores and sell its assets as part of its second bankruptcy proceedings. The closures are taking place in Pennsylvania, California, New York, Washington, New Je…
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