Why are Rite Aid stores closing? ...Middle East

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Why are Rite Aid stores closing?
BRICK-AND-MORTAR stores nationwide are facing a crisis, with hundreds of retail locations shutting their doors in 2024. Rite Aid is the latest retail store to face closures, as the third-largest drugstore chain in the US, following a bankruptcy settlement earlier this year, continues to close locations across several states. GettyEmpty shelves stand in a Rite Aid store in Brooklyn on August 28, 2023, in New York City[/caption] Why are Rite Aid stores closing? Rite Aid plans to close nearly 30 stores in two states, Ohio and Michigan. The company is going through a federal bankruptcy case, and according to court documents filed in the week of June 17, part of the settlement i

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