BREAKING: Rite Aid, $RAD, has officially filed for bankruptcy just days after its 61st anniversary.
— The Kobeissi Letter (@KobeissiLetter) October 16, 2023
As part of the bankruptcy restructuring, Rite Aid will close many of its 2,100 stores.
The company has had more than $2 billion in losses over the last 5 years and 50% of their… pic.twitter.com/K1Fojau9Ll
Interesting “forward thinking” real estate concept
https://hoodline.com/2026/06/fulton-market-s-livelaunch-lets-online-brands-test-the-real-world-without-the-rent-pain