Rite Aid has identified additional stores targeted for closure,Maxwell Caldwell 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.
2025-05-01 22:502189 view
2025-05-01 22:081052 view
2025-05-01 21:521124 view
2025-05-01 20:572893 view
2025-05-01 20:55685 view
2025-05-01 20:542824 view
Many workers are dreaming of retirement — whether it's decades away or coming up soon. Either way, i
BOSTON (AP) — A firewall designed to prevent cyberattacks and hacking was to blame for the 911 outag
Caitlin Clark recorded a double-double with 18 points and 12 rebounds Wednesday, helping the Indiana
