6 Articles
6 Articles
Bankrupt pharmacy chain enters SEVENTH round of closures & confirms 20 shutters
A BANKRUPT pharmacy chain has entered its seventh round of store closures, with 20 more now set to be axed. The chain has been thrown into complete turmoil, and has been forced to slowly shed over hundreds of stores from its footprint. GettyA bankrupt pharmacy chain has entered its seventh round of store closures, with 20 more now set to be axed[/caption] The USB Sun has been reporting on the steady onslaught of Rite Aid closure waves. Earlier t…
Emporium residents facing long drive to pick up prescriptions with closure of Rite Aid
CAMERON COUNTY (WTAJ) — As Rite Aid continues to close its retail stores and pharmacies, some communities, such as Emporium, are left with few options. It's been a rough couple of years for residents in Emporium. First, Sheetz closed its store in the area. Things then looked more promising when the Nittany Mart announced they were setting up shop in town. However, the community is facing yet another speed bump. "So we just get over that hurdle a…
Morning Business Report: America’s drugstore chains are shrinking 41NBC News
(LILAMAX)-CVS is closing 900 stores, and Walgreens plans to shutdown 1,200 locations, eliminating roughly 1 in 7 of its stores. Rite Aid, once a major player in the industry, now operates around 1,200 stores — nearly half as many as just two years ago — and has sold most of its pharmacy services to competitors including CVS, Albertsons, Kroger, and Walgreens. Industry analysts say many of these chains over expanded in the 1990s and 2000s, openin…
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