Another healthcare, pharmacy chain files Chapter 11 bankruptcy

Another healthcare, pharmacy chain files Chapter 11 bankruptcy 
Idaho Statesman; by Daniel Kline; updated 7/30/24 
... Rite Aid has been in Chapter 11 bankruptcy since October and has closed nearly 700 locations. CVS (CVS) and Walgreens (WBA) have managed to stay solvent, but both companies have been closing stores as well. That's partially something that can be blamed on Covid. The pandemic caused a population shift and that left thousands of pharmacies in locations that lack audience. If you used to pick up your prescription, and maybe a snack, at a pharmacy during your lunch break and you now no longer go into the office most days, that makes it hard for those locations to thrive. Now, another pharmacy chain that also operates an array of services for older Americans is facing financial distress.