Rite Aid files for bankruptcy, announces financial restructuring
4.9 (151) In stock
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Rite Aid filed for Chapter 11 bankruptcy protection on Sunday and announced a new CEO as it takes on financial restructuring, legal complaints.
The drugstore chain operates over 2,100 locations across 17 states.
The company, which reportedly has billions of dollars in debt and is facing more than 1,000 lawsuits claiming it filled illegal prescriptions for painkillers, will close hundreds of stores.
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RAD Stock Sinks as Rite Aid Files for Ch. 11 Bankruptcy
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Rite Aid files for bankruptcy l GMA
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Rite Aid files for bankruptcy, announces financial restructuring plans amid opioid complaints, lawsuits - ABC News
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Rite Aid files for bankruptcy, announces financial restructuring plans amid opioid complaints, lawsuits - ABC News
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Rite Aid bankruptcy 2023: Stores to close after retailer files
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