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Rite Aid closing more locations: 31 additional stores to be shuttered.

  • Rite Aid is closing an additional 30 locations in the US, on top of the 100 closures previously announced.
  • These closures are part of Rite Aid's efforts to restructure and address its financial challenges.
  • Rite Aid's financial struggles are attributed to increased competition from big-box chains and online retailers, as well as declining profits from filling prescriptions.
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Bias Distribution

  • 77% of the sources are Center
77% Center
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WTAE broke the news in Pittsburgh, United States on Tuesday, November 28, 2023.
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