Rite Aid files for bankruptcy amid financial losses, opioid-related lawsuits

The drugstore chain said late Sunday it also has obtained $3.45 billion in fresh financing from some of its lenders. That will help support the company through its voluntary Chapter 11 process.

pharmacy PBS NewsHour

pharmacy PBS NewsHour

Advertising agency for OxyContin agrees to pay $350 million rather than face lawsuits

Newswire Insider – Newswire Insider

Crafts retailer Joann files for Chapter 11 bankruptcy as consumers cut back on pandemic-era hobbies

Newswire Insider – Newswire Insider

opioid epidemic

opioid epidemic

bankruptcy PBS NewsHour

Why pharmacy workers are going on strike amid widespread store closures

Crafts retailer Joann files for Chapter 11 bankruptcy as consumers cut back on pandemic-era hobbies

opioid epidemic