Rite-Aid files for bankruptcy after years of losses oregonlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oregonlive.com Daily Mail and Mail on Sunday newspapers.
Rite Aid said it was arranging for payment of wages and other costs as usual, though some "underperforming" stores among its more than 2,100 pharmacies in 17 states will be closed.
In March, the Justice Department filed a complaint against Rite Aid, alleging it knowingly filled hundreds of thousands of unlawful prescriptions for controlled substances from May 2014-June 2019. It also accused pharmacists and the company of ignoring “red flags” indicating the prescriptions were illegal.
Rite Aid Seeks Chapter 11 Bankruptcy Protection As It Deals With Lawsuits And Losses theyeshivaworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theyeshivaworld.com Daily Mail and Mail on Sunday newspapers.