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RAD / Rite Aid Losses Hit $241 Million As Stores Close And Covid Test And Vaccine Sales Drop

Rite Aid reported a quarterly loss of more than $241 million as the struggling drugstore chain suffers from a loss of revenue from store closures on top of the loss of COVID-19 vaccine and testing sales. Read More

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Posted: Apr 20 2023, 07:34

Author Name: Forbes

RAD News

By The Motley Fool
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Rite Aid Files for Bankruptcy: Is Walgreens Boots Alliance Headed for the Same Fate?

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Rite Aid Rides a Hot 2023 Trend: Going Bankrupt

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A List of 150 Stores Rite Aid Is Closing

Rite Aid, which just moved into Chapter 11, will close 150 stores. It has 2,300 in 17 states, so the number is likely to rise.

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October 19, 2023

Rite Aid closing 154 stores in 15 states: Here's the list

Rite Aid is shuttering over 150 stores as it seeks to restructure their business following years of legal issues tied to the opioid crisis and sagging

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Rite Aid lost more than $1 billion in months before bankruptcy filing

Rite Aid warned investors it may not be able to keep its business running.

By CNN Business
October 18, 2023

Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list

Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring eff

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