Rite Aid Plans to Shut Down Hundreds of Stores in Bankruptcy
Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, according to people familiar with the talks. Rite Aid has proposed to close roughly 400 to 500 stores in bankruptcy, and either sell or let creditors take over its …
Rite Aid Plans to Shut Down Hundreds of Stores in Bankruptcy Read More »