Reading Time: 3 minutes Rite Aid filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to significantly reduce its debt. The company said it reached a deal with creditors on a restructuring plan that includes evaluating its retail footprint and closing underperforming locations. Rite Aid also said lenders agreed to provide […]
Source: Rite Aid Files for Bankruptcy Amid Slowing Sales, Opioid Litigation