Rite Aid has identified additional stores targeted for closure, 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.
2025-01-13 17:251039 view
2025-01-13 16:502617 view
2025-01-13 16:452646 view
2025-01-13 16:371443 view
2025-01-13 16:241618 view
2025-01-13 16:021536 view
"Vanderpump Rules" star James Kennedy has been arrested for domestic violence.In a statement to USA
Follow live: Updates from AP’s coverage of the presidential election. OLYMPIA, Wash. (AP) — Voter
Follow live: Updates from AP’s coverage of the presidential election. JEFFERSON CITY, Mo. (AP) —