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Sure, but the point of Chapter 11 is to restructure so you can hopefully get back to operating profitably.
by cowsandmilk 2y ago
Sure, but the point of Chapter 11 is to restructure so you can hopefully get back to operating profitably.
- metaphor 2y agoYes, keyword hopefully...over some indeterminate time horizon...but surely not a mere 6 months after emergence from a legal proceeding that took a year to resolve. Commodified OTCs are hardly raking in compelling margins relative to filling scripts, so it's unsurprising that some Rite Aids are operating as the parent reports.