Which well-known retail stores have filed for bankruptcy? Red Lobster, Walgreens, Rite Aid and many other retailers are struggling with deteriorating financial conditions. More than three months after filing for Chapter 11 bankruptcy, Red Lobster is closing 23 more stores across the country. With the latest expected restaurant closures, the total number of closures in […]
Red Lobster struggled last year and made headlines after it filed for bankruptcy, blaming at least in part on a poorly thought-out endless shrimp deal. It happens to the best of us. Naturally, the fast-casual seafood restaurant chain was looking for a new CEO. Damola Adamolekun, 35, has been chosen for the difficult task of […]
Which well-known retail stores have filed for bankruptcy? Red Lobster, Walgreens, Rite Aid and many other retailers are struggling with deteriorating financial conditions. Two national restaurant chains with locations in Louisville filed for Chapter 11 bankruptcy this month: Buca di Beppo and World of Beer Bar & Kitchen. Will the filings lead to restaurant closures […]
BROCKTON — Maureen Healy has cared for patients at Good Samaritan Medical Center for 27 years. She was thrilled Friday to learn that Boston Medical Center could take over care. “I have dedicated my career to being a Good Samaritan, and so have many others,” she said Friday. “Tonight I will celebrate that.” Good Sam’s […]
Which well-known retail stores have filed for bankruptcy? Red Lobster, Walgreens, Rite Aid and many other retailers are struggling with deteriorating financial conditions. This year has been a challenging one for many retailers. Both businesses and consumers have felt the effects of the economic strain, with well-known brands announcing store closures and bankruptcy filings. Nationwide, […]
Why is the FTC planning to sue large pharmacy benefit managers? An interim FTC report alleges that PBMs profit at the expense of patients and independent stores by extracting larger discounts on higher-priced drugs. If you purchase your medications at a Rite Aid pharmacy in Connecticut, you need to check to see if your pharmacy […]
