💨 Abstract

Rite-Aid, the third-largest U.S. drugstore chain, has filed for bankruptcy for the second time in two years. The company is trying to sell its assets and will keep stores open during the proceedings. Rite-Aid had over 2,300 locations in 17 states before its first bankruptcy in 2023.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖