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Rite Aid files for Chapter 11 bankruptcy; 16 locations reportedly closing in NJ
Rite Aid is filing for Chapter 11 bankruptcy for a second time, according to reports. They plan to close more than 300 stores, including 16 in New Jersey. The chain has already stopped issuing customer reward points at closing locations and plans to stop honoring gift cards and processing returns next week.
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Rite Aid to close more than 300 stores after filing for bankruptcyNEW YORK (WABC) -- After announcing it would close more than 100 stores, Rite Aid is now closing an additional 300 stores -- with dozens of locations in the Tri-State area. The drug store operates ...
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