Rite Aid has identified additional stores targeted for closure,Evander Reed 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 02:201516 view
2025-05-01 02:181045 view
2025-05-01 02:1177 view
2025-05-01 00:51898 view
2025-05-01 00:322801 view
2025-05-01 00:312716 view
GEORGETOWN, Ky. (AP) — Toyota said Thursday it will build a new paint facility as part of a $922 mil
LOS ANGELES (AP) — Former LA county sheriff Jim McDonnell will lead the Los Angeles Police Departmen
Jason Wahler’s family is entering a new chapter with their arms wide open.The Laguna Beach star and