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Tag Archives: bankruptcy

Rite Aid Takes the Fall While Big Pharma Gets a Free Pass

Rite Aid Takes the Fall While Big Pharma Gets a Free Pass

Rite Aid’s Last Days: A Symbol of a Broken System I recently watched as the last vestiges of my neighborhood Rite Aid were erased—pharmacy sign gone, shelves empty, a once-bustling community hub now just another casualty in America’s opioid blame game. The manager, a decades-long fixture, looked defeated. And he is not alone. Rite Aid is closing or selling more than 2,000 stores as it files the biggest pharmacy chain bankruptcy in… Read more