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Going Belly Up // Companies That Went Bankrupt in 2023 and Beyond

JL;DR SUMMARY Rite Aid, a well-known pharmacy chain, filed for Chapter 11 bankruptcy in October 2023 due to lawsuits related to the opioid epidemic and challenges in the retail market. A way out west there was a fella, fella I want to tell you about, fella by the name of Jeff Lebowski. At least, that was the handle his lovin' parents gave him, but he never had much use for it himself. This Lebowski, he called himself the Dude. Now, Dude, that's a name no one would self-apply where I come from. But then, there was a lot about the Dude that didn't make a whole lot of sense to me. And a lot about where he lived, likewise. But then again, maybe that's why I found the place s'durned innarestin'.

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Tags

Business ModelBankruptcyDebtChapter 11Economic DevastationGlobal PandemicRetail MarketRite AidOpioid EpidemicRestructuring

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Retrieved 2024-05-30 06:00:39 UTC
Curated 2024-05-30 07:01:34 UTC