According to the New York Times, RiteAid, one of the country’s largest pharmacy chains, faces more than a thousand lawsuits that say it filled illegal prescriptions for painkillers.
- According to the article, how much has RiteAid’s stock fallen since the start of the year?
- According to the video, the big question is: “Who could or would buy RiteAid?” Why is this such a complex question?
- Where are most of RiteAid’s stores located?
Source: Holman, J. and L. Hirsch. (2023). Rite Aid, Facing Slumping Sales and Opioid Suits, Files for Bankruptcy. The New York Times, Oct. 16 (Retrievable online at https://www.nytimes.com/2023/10/15/business/rite-aid-bankruptcy.html)