Tag: Bankruptcy Proceedings
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Rite Aid to Close 13 More Stores Amid Bankruptcy Proceedings
Rite Aid, the Philadelphia-based pharmacy chain, is set to shut down an additional 13 stores as part of its Chapter 11 bankruptcy proceedings, according to court documents filed on Tuesday. This move comes in the wake of ongoing financial challenges faced by the company. Continuous Closures Since October 2023, Rite Aid has been steadily closing…