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Pennsylvania-based pharmacy, Rite Aid, files for bankruptcy

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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.

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Rite Aid Plans to Close 154 Stores As Part of Bankruptcy Filing

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Rite Aid has announced the closing of 72 stores in 2024, including these 7 in Pa.

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