Rite Aid is set to close distribution centers in Aberdeen, Maryland, and Des Moines, Washington, impacting nearly 500 employees, as part of its ongoing bankruptcy proceedings. The closures are scheduled for June 4, following a recent bankruptcy filing less than a year after its previous restructuring. The company blames strained vendor relationships, declining demand, and insufficient liquidity for its financial troubles. Rite Aid’s challenges are part of a broader trend affecting drugstore chains, including Walgreens, which is also experiencing significant operational changes.
Source: https://www.supplychaindive.com/news/rite-aid-bankruptcy-distribution-center-closures/748269/