Rite Aid lays out plan to close 154 stores initially as it seeks bankruptcy protection

Rite Aid lays out plan to close 154 stores initially as it seeks bankruptcy protection

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Rite Aid plans to plans to close about 7% of its stores initially, as the drugstore chain makes its way through its Chapter 11 bankruptcy process. The company submitted a list of 154 stores in a court filing. Most of the chain’s stores are on the East and West Coasts, and the list reflects that.…

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