Rite Aid outlines 53 more store closures across 9 states in recent court filings ...Middle East

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Rite Aid outlines 53 more store closures across 9 states in recent court filings
Story at a glance So far this month, Rite Aid has announced it will close 53 more store locations, adding to the roughly 200 it has closed since filing for Chapter 11 bankruptcy protection last year. The Philadelphia-based company has been reporting annual losses for several years and, like its rivals, faces financial risk from lawsuits over opioid prescriptions. Rite Aid already has reached several settlements, including one announced last year with the state of West Virginia for up to $30 million. (WJW) — So far this month, Rite Aid has announced it will close 53 more store locations, adding to the roughly 200 it has closed since filing

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