Rite Aid Files for Bankruptcy, Closing 19 Stores Across Michigan

Rite Aid filed for Chapter 11 bankruptcy and is closing 19 stores in Michigan, including 9 in Metro Detroit.

The bankruptcy filing will allow Rite Aid to speed up closing underperforming stores across the country.

Rite Aid says stores will continue normal operations during bankruptcy, filling prescriptions and serving customers.

The 19 closing Michigan stores are located across the state, including in Detroit, Grand Rapids, Lansing.

Rite Aid is dealing with lawsuits, losses, and competition with chains like Walgreens and CVS.