Rite Aid's Empty Storefronts: What Will Fill Them? – Commercial Observer
The national drugstore chain went officially bankrupt this October, with hundreds of closures likely.
Stay updated with breaking news from Elixir Solutions. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The national drugstore chain went officially bankrupt this October, with hundreds of closures likely.
Two Rite Aid stores are closing in the Bay Area as a result of the company's Chapter 11 bankruptcy filing.
Rite Aid recently announced the closure of nearly 100 stores nationwide, leading many in Binghamton to wonder about the fate of the local stores.
Rite Aid is shuttering over 150 stores as it seeks to restructure their business following years of legal issues tied to the opioid crisis and sagging sales.
Over the past six years, Rite Aid has tallied nearly $3 billion in losses.