Rite Aid files for bankruptcy amid opioidrelated lawsuits and falling sales

Rite Aid files for bankruptcy amid opioidrelated lawsuits and falling sales

Philadelphia — Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits. In 2022, Rite Aid settled for up to $30 million to resolve…Read More

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