Rite Aid Announces Over 50 More Store Closures, Pushing Total to Over 200 Since Bankruptcy Filing

Rite Aid has announced 53 more store closures this month, adding to roughly 200 closed since bankruptcy filing last year
Company has been reporting annual losses for years and faces financial risk from opioid prescription lawsuits
Over 150 stores across 15 states were announced for closure after October bankruptcy protection filing
Additional 31 stores were announced to be closed in late November
Court filings listed new rounds of closures across 9 states including CA, MD, MA, MI, NJ, NY, OH, PA, and VA