Rite Aid Says Its Shutting Down More Than 60 Stores

Rite Aid Says Its Shutting Down More Than 60 Stores
The Rite Aid logo is displayed on the exterior of a Rite Aid pharmacy, in San Rafael, Calif., on Sept. 26, 2019. Justin Sullivan/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

Drugstore chain Rite Aid said it will shut down more than 60 stores across the United States in the coming months as it reassesses how many locations it needs.

According to an earnings report released by the firm Tuesday, shutting down 63 stores would save the company $25 million per year.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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