Struggling Rite Aid proposes closing up to 500 stores under bankruptcy plan: report

Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, the Wall Street Journal reported Friday, citing people familiar with the talks. The company has proposed to close roughly 400 to 500…#riteaid #philadelphia #journal #cvshealth

Source: Reuters: Health - September 23, 2023 Category: Consumer Health News Source Type: news