Rite Aid closing 114 more stores across multiple states
1. Rite Aid is closing 114 additional stores after a second bankruptcy. 2. Most store closures are concentrated in Pennsylvania, totaling 42. 3. The closures are part of Rite Aid's ongoing debt restructuring efforts. 4. High competition and lawsuits have exacerbated Rite Aid's financial struggles. 5. Rite Aid still carries $2.5 billion in liabilities post-restructuring.