- CNBC, Monday, October 16, 2023 6:09 PM
Rite Aid has filed for bankruptcy protection, citing slipping sales and expenses from lawsuits alleging it contributed to the nation’s opioid epidemic. The retailer
also
appointed Jeffrey Stein
as its new chief executive officer and chief restructuring officer as well as a member of its board. Elizabeth Burr had been serving as
interim CEO since January and will remain on the company’s board.Read the whole story at CNBC »
