Is Rite Aid Shutting Down? Navigating the Pharmaceutical Landscape The short answer is no, Rite Aid is not shutting down entirely, but it’s undergoing a significant restructuring. The company filed for Chapter 11 bankruptcy protection in October 2023. This doesn’t necessarily mean the end, but rather a strategic move to address its massive debt, resolve ... Read more The post Is Rite Aid shutting down? appeared first on GB Times.