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Rite Aid Closes All Stores
Rite Aid closed over 1,200 stores after filing for Chapter 11 bankruptcy twice, citing opioid lawsuit settlements and rising debt as key factors in its shutdown.
Summary by cstoredive.com
10 Articles
10 Articles
Major Drug Chain Announces Its Closing All Locations After Second Bankruptcy
It’s game over for former drug chain giant Rite Aid as it finally announces it’s closing all of its stores after its second bankruptcy in two years. Once upon a time, Rite Aid was the largest pharmaceutical drug store in the US with more than 2,000 stores. Now, after a second bankruptcy in as many years, they are closing their last locations and shutting up shop for good. Slow Decline: After its first bankruptcy, Rite Aid was forced to file for …
Coverage Details
Total News Sources10
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
Factuality
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