News Springfield Vermont 2024 Rite Aid. For the first quarter, the company reported a net loss of $306.7 million, or $5.56 loss per share, adjusted net loss of $40.1 million, or $0.73 loss per share,. Rite aid filed for bankruptcy as it faced declining sales and more than a thousand federal, state and local lawsuits accusing it of fueling the opioid epidemic by illegally filling painkiller.
Rite aid filed for bankruptcy as it faced declining sales and more than a thousand federal, state and local lawsuits accusing it of fueling the opioid epidemic by illegally filling painkiller. Has been cleared to exit bankruptcy after winning court approval on a restructuring plan that’s poised to save the ailing pharmacy chain from liquidation by handing control of.
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