Is Rite Aid Bankrupt? Navigating the Pharmacy Giant’s Financial Crossroads Yes, Rite Aid filed for Chapter 11 bankruptcy protection on October 15, 2023. This move came as the company faced mounting debt, opioid-related lawsuits, and declining profitability in an increasingly competitive pharmacy landscape. Rite Aid’s Chapter 11 Filing: Unpacking the Details The bankruptcy filing wasn’t ... Read more The post Is Rite Aid bankrupt? appeared first …