Rite Aid files for bankruptcy

Rite Aid has filed for bankruptcy and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits. The drugstore chain said late Sunday it also has obtained $3.45 billion in fresh financing from some of its lenders.

Rite Aid Files for Bankruptcy Protection, Plans Store Closings

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The Daily Show on X: Rite Aid has gone bankrupt and @michaelkosta is here to say I told you so. / X

Debt-ridden Rite Aid files for bankruptcy, will close more stores

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Rite Aid files for bankruptcy amid opioid-related lawsuits and

Drug Retailer Rite Aid Files for Bankruptcy Protection