Rite Aid firm 19 additional stores in the middle of bankruptcy - here where
The chain of pharmacies has added more locations to its growing list due to financial misfortunes.
The last decades have shown that even some of the most reliable retailers may have trouble staying afloat. It is not uncommon to see companies shutter places Or reduce back operations when customers change their preferences and new competitors enter the market. Even standbys and pharmacies are not immune to pressures their results. And now Rite Aid has announced that he closed 19 more stores after declaring bankruptcy.
In relation: Costco deploying new controversial caddings: "I hate them" .
In a justice document Placed in New Jersey on December 19, the pharmacy chain presented more than a dozen sites which it plans to close through nine states. In the northeast, Delaware will lose one of its Rite Aid locations in Newark, while the New Jersey will lose one of its own in the city of Salem. New York will also lose a location in Brooklyn at 182 Smith Street.
Further on the coast, Virginia will soon be down three sites after the closing of the stores in Portsmouth, Richmond and Smithfield. Ohio will also lose a pair of Rite Aid stores when the locations of Jefferson and North Olmsted go bankrupt. And in the Midwest, Michigan will each lose a location in Pontiac and in the city of Washington.
The west coast also loses certain Rite Aid stores. California will see a location in Auburn and another at Chino Hills close soon. Meanwhile, Washington lost a store in Auburn and another in Kirkland against changes.
However, it is the Pennsylvania which will be the most affected by the closures. The state should lose five locations, including one in Carnegie, Scranton, Sharpsville and Williamsport. A store at 230 Hays avenue in Pittsburg will also be its doors.
The announcement represents the third time this month, the store added to its planned closures . This is the last addition to the besieged pharmacy chain growing list chopped locations in the United States after depositing Chapter 11 bankruptcy October 15.
At the time, Rite Aid said he was faced with whisper sales and $ 3.3 billion in debt, by CNN. The company is also under control Thanks to a trial Posed by the United States Ministry of Justice (DoJ) in March, alleging that the company had "fulfilled hundreds of thousands of prescriptions which did not meet legal requirements" for highly addictive pain relievers.
"Rite AID has served customers and communities across our country for over 60 years, and the important actions that we take today will allow us to progress as a stronger" business "" Jeffrey S. Stein , who was appointed CEO of Rite Aid as part of his restructuring plan, said in a press release. AE0FCC31AE342FD3A1346EBB1F342FCB
"With the support of our lenders, we are impatient to strengthen our financial foundation, to advance our transformation initiatives and to accelerate the execution of our recovery strategy," he continued. "In doing so, we will be even better able to provide the health products and services on which our customers and their families count - now and in the future."
In relation: For more information, register for our daily newsletter .
Large airlines are becoming more strict with regard to your "personal article"
