What Rite Aid’s collapse reveals about the challenges of pharmacy retail

(Source: Bigstock)
Since filing for bankruptcy last week, pharmaceutical retail chain Rite Aid has received interim approval to access up to $3.45 billion in debtor-in-possession financing and continue delivering healthcare products and services and to continue paying its vendors, employees, and suppliers. However, the company has raised concerns about its ability to remain in business after it said in a regulatory filing on Wednesday that its ability to continue is dependent on successfully emerging from its Chap

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