Rite Aid to file for Chapter 11

This topic has 1 reply, 2 voices, and was last updated 1 year, 8 months ago by Jeannie.

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August 25, 2023 at 7:22 pm #1071814

dhg
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Stores will be closed. They bought your local drug store and now they’re doing this???? https://www.wsj.com/articles/rite-aid-prepares-bankruptcy-that-would-halt-opioid-lawsuits-69f94242?mod=lead_feature_below_a_pos1

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August 26, 2023 at 12:11 am #1071828

Jeannie
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Strikes me as a sleazy move – but not uncommon in the corporate world. Remember Pharmaca?
“Why is Pharmaca closing?
The closure came after Walgreens’ purchased Medly Health, which owned 22 Pharmaca Integrative Pharmacies and four Medly Pharmacies in the United States. Walgreens paid $19.35 million in the transaction, which on Feb. 7 was approved by a judge in the U.S. Bankruptcy Court for the District of Delaware.”

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August 26, 2023 at 5:39 am #1071848

anonyme
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Bartell’s pharmacy has gone from bad to worse since the Rite Aid takeover. It was time to switch pharmacies, but = where to? The options for getting good service anywhere, pharmacy or other, are getting slim to non-existent.

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