Many people in the country are out now again looking for COVID-19 tests and vaccines with the Omicron variant raging, but that isn’t stopping publicly traded Rite Aid (RAD) from closing underperforming locations in a bid to further improve its profits.
The pharmacy chain revealed Tuesday it will shutter up to 63 stores in coming months. Closures began in November, Rite Aid said. The closures are expected to pad earnings before interest, taxes, depreciation and amortization by $25…
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