Rite Aid’s Bankruptcy Filing Amid Slowing Sales and Opioid Litigation: Insights and Implications
A Rite Aid store stands in Brooklyn on August 28, 2023 in New York City. Spencer Platt | Getty Images Rite Aid has filed for Chapter 11 bankruptcy protection in New Jersey, announcing plans to restructure and reduce its debt significantly. The company has reached a deal with creditors for a restructuring plan that includes …