Struggling Company Suddenly Announces Closure of Another Idaho Store

If there’s one thing that 2024 has taught us, it’s that when a company files for bankruptcy the decision to close locations comes swiftly!. If we time travel back to this time exactly a year ago, rumors that Rite Aid was on the verge of filing for bankruptcy were everywhere. After its stock was trading at below $1 for 30 trading days in a row, they were in danger of being delisted from the New York Stock Exchange, too. Days later, the struggling pharmacy chain did file for bankruptcy and Idaho lost four stores, all located in the Boise area.

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