What Rite Aid bankruptcy filing means for customers, prescriptions

What Rite Aid bankruptcy filing means for customers, prescriptions

(NEXSTAR) – Rite Aid Corporation has filed for bankruptcy protection to reduce its large debt and restructure the company. The move, announced Sunday, comes as Rite Aid is facing financial challenges, including those caused by opioid-related lawsuits. However, Rite Aid has assured customers that it is not going out of business and will continue to … Read more

Rite Aid files for bankruptcy amid opioid lawsuits, rising debt

Rite Aid files for bankruptcy amid opioid lawsuits, rising debt

Comment on this storyComment Rite Aid filed for bankruptcy protection late Sunday, dragged down by falling sales, years of debt and a series of lawsuits alleging that the pharmacy chain helped fuel the nation’s opioid epidemic. by illegally prescribing painkillers. The Philadelphia-based retailer is expected to close more stores as its Chapter 11 case unfolds … Read more