200 20250509 Rite Aid

[김순희]

Rite Aid is looking for bankruptcy protection again.
The struggling drugstore chain says it'll try to sell nearly all of its assets.
Rite Aid initially filed for bankruptcy protection in October 2023.
They plan to sell parts of its business and restructure.
The company attempted to turn around its business in a tough environment for drugstores.
Major chains and independent pharmacies have been closing stores and struggling with several challenges.
That includes increased theft, court settlements over opioid prescriptions, and shoppers who are drifting more to online shopping and discount retailers.
I'm Haya Panjwani.