This critical retailer could be on its way to bankruptcy
Story by Todd Campbell •
12h
It’s disappointing when beloved retail chains shut their doors forever. Shoppers enjoy visiting the same stores weekly, and it’s saddening when beloved retail chains like Bed Bath & Beyond or Christmas Tree Shops are forced to close their doors forever.
Fortunately, while these store closures are disruptive, consumers can quickly shift their spending to other retailers. But that’s not always true.
Sometimes, a retailer that serves an essential purpose is forced to declare bankruptcy protection. When that happens, shoppers can be left in the lurch, uncertain where to turn to get the needed items.
A dire situation is unfolding for this key retailer
Rite Aid (RAD) - Get Free Report is a retail store on the front lines of providing critical healthcare services to millions of Americans. Its 2,300 retail stores sell essential daily healthcare necessities from toothpaste to aspirin, and its pharmacies provide necessary medicines to many people who live within the 17 states in which its stores operate.
https://www.msn.com/en-us/money/companies/this-critical-retailer-could-be-on-its-way-to-bankruptcy/ar-AA1fN6jO?ocid=msedgdhp&pc=U531&cvid=5bc086afb0c042419e103db49275d26b&ei=26