CVS, Walgreens and Rite Aid to close nearly 1,500 stores
The largest drug chains in the United States have a prescription for their struggling finances: Close stores. Rite Aid, the third-biggest U.S. chain behind CVS and Walgreens, filed for bankruptcy protection on Oct. 15, according to CNN, beset by mounting debt of more than $3 billion and a Department of Justice suit against the company in March, claiming it knowingly...
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