Drugstore chain faces hundreds of lawsuits over opioid crisis, struggled for years with failed mergers
Rite Aid operates about half as many stores as it did a decade ago after two mergers aimed at reinvigorating the chain fell apart.Your local Rite Aid drugstore could soon disappear, a casualty of years of losses and failed mergers.
In the end, Rite Aid was too small and too poor to pay the costs of lawsuits related to the opioid epidemic.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
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