
Rite Aid is the Latest Retail Pharmacy Casualty
Business Wars Daily
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The Struggles of a Retail Drugstore Chain and the Trend of Store Closures
This chapter explores the bankruptcy protection filing and store closures of a prominent retail drugstore chain, examining the company's mismanagement, failed mergers, and financial losses during the pandemic. It also discusses the increasing trend of store closures among major pharmacy chains and factors contributing to their struggles, including decreased store traffic due to the pandemic.
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