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- Rite Aid, which has struggled in recent years to compete with larger rivals Walgreens, CVS Health and Walmart pharmacies, on Thursday said it plans to “significantly reduce costs” through a “closure of a total of 145 unprofitable stores.” The number includes the 63 stores the company already announced in December it would close.
www.forbes.com/sites/brucejapsen/2022/04/14/rite-aid-expects-more-closures-of-unprofitable-stores/
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Apr 14, 2022 · Rite Aid will close 145 “unprofitable stores” in ongoing cost-cutting moves designed to help the pharmacy chain be more competitive.
- Rite Aid Files For Bankruptcy With More ‘Underperforming ...
Those closures are on top of the 145 unprofitable stores...
- Rite Aid May Close Even More Stores In 2023 - Forbes
Rite Aid, which has already been closing 145 unprofitable...
- Rite Aid Files For Bankruptcy With More ‘Underperforming ...
Oct 16, 2023 · Those closures are on top of the 145 unprofitable stores that Rite Aid announced in 2021 that closed from late 2021 throughout last year. With the bankruptcy filing and coming restructuring, a...
Dec 21, 2022 · Rite Aid, which has already been closing 145 unprofitable stores for the last year, may close even more underperforming locations, executives disclosed Wednesday.
Apr 19, 2022 · ALEXANDRIA, Va.—Rite Aid announced it will close 145 “unprofitable stores,” so it can “significantly reduce costs,” reports Forbes. Rite Aid says the closures will help it be more competitive. The 145 stores includes 63 stores the company announced in December that it would close.
Jan 26, 2024 · Rite Aid is planning to close ten additional stores, adding to the number the company has closed since filing for Chapter 11 bankruptcy in October. Court filings in October identified 154...
Jul 15, 2024 · Rite Aid has identified additional stores targeted for closure, as the ailing pharmacy chain looks to exit bankruptcy after winning court approval for a restructuring plan late last month....
Oct 18, 2023 · Rite Aid plans to shutter 154 stores nationwide as part of its recent bankruptcy filing, including about 40 locations in its home state of Pennsylvania. The pharmacy chain listed every location...
