Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, the Wall Street Journal reported.
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Rite Aid chain reportedly could sell up to 500 stores in bankruptcy plan
Rite Aid could close up to 500 stores as part of bankruptcy
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Rite Aid plans to shut down hundreds of stores in bankruptcy, Wall Street Journal reports
Struggling Rite Aid proposes closing up to 500 stores under bankruptcy plan