SKF to Close Luton Factory in UK
By Dominic Chopping STOCKHOLM--Swedish ball-bearing maker SKF said Tuesday it will close its factory in Luton, U.K. as part of plans to consolidate its...
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By Dominic Chopping STOCKHOLM--Swedish ball-bearing maker SKF said Tuesday it will close its factory in Luton, U.K. as part of plans to consolidate its...
Rite Aid will close some of its 2,100 stores as it goes through the bankruptcy process.
Drugstore chain Rite Aid Corp. filed for bankruptcy Sunday, as it faces billions of dollars of debt related to opioid lawsuits.
Drugstore chain Rite Aid filed for bankruptcy late Sunday, said it will close more of its stores and named a new CEO as part of a restructuring.
The drug-store giant will close some less profitable stores as it looks to cut costs by at least $1 billion.