Coverage dated October 15, 2023 to October 18, 2023
Rite Aid lays out plan to close 154 stores initially as it seeks bankruptcy protection
Headline from The Sentinel (Carlisle), on the newest of 2 developments
Several locations in New York, New Jersey, Pennsylvania, California and Washington made the list.
The Sentinel (Carlisle)'s own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Rite Aid closing two more stores in Flint amid bankruptcy
Headline from ABC 12 Flint ·
Newest
Rite Aid lays out plan to close 154 stores initially as it seeks bankruptcy protection
Rite Aid has announced plans to close approximately 150 stores nationwide, including more than 35 locations in Pennsylvania, as part of its bankruptcy process.
More closings are likely to follow as the retail pharmacy undergoes a corporate reorganization. Here's a list of all the store locations that will close.
Rite Aid plans to plans to close about 7% of its stores initially, as the drugstore chain makes its way through its Chapter 11 bankruptcy process. The company submitted a list of 154 stores in a court filing. Most of the chain’s stores are on the East and West coasts, and the list reflects that.
Rite Aid is shuttering over 150 stores as it seeks to restructure their business following years of legal issues tied to the opioid crisis and sagging sales.
Rite Aid submitted a list of 154 stores in a court filing, and most of the chain’s stores are on the East and West Coasts, including New Jersey and New York.
