Rite Aid has identified additional stores targeted for closure,NovaQuant 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.
2025-05-03 07:44137 view
2025-05-03 07:2787 view
2025-05-03 06:52695 view
2025-05-03 06:401122 view
2025-05-03 05:31603 view
2025-05-03 05:12131 view
DETROIT (AP) — Authorities filed charges Wednesday in the 2023 homicide of a beloved Detroit doctor
Tom Brady said Monday he is "so proud" of Colorado quarterback Shedeur Sanders and is “always here f
NEW YORK (AP) — Poet Afaa Michael Weaver has won the Wallace Stevens Award, a lifetime achievement h