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A Rite Aid store in Brooklyn on August 28, 2023 in New York City.
Pedestrians walk past a Rite Aid store in Brooklyn, New York. Many of the stores slated to close are in the Northeastern US.
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Rite Aid exterior
Rite Aid's stock has fallen by nearly 81% since the start of the year.
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The interior of a Texas courthouse, with US and Texas flags
The US Bankruptcy Court for the Southern District of Texas, in Houston, where Judge David Jones presides.
Tech Insider : Economy
US bankruptcy filings
US bankruptcy filings. Note: Bankruptcy figures include public companies or private companies with public debt with a minimum of $2 million in assets or liabilities at the time of filing, in addition to private companies with at least $10 million in assets or liabilities.
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The interior of a Texas courthouse, with US and Texas flags
The US Bankruptcy Court for the Southern District of Texas, in Houston, where Judge David Jones presides.
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Composite of Michael Lewis and Sam Bankman-Fried.
Composite of Michael Lewis (left) and Sam Bankman-Fried (right).
Tech Insider : Crypto
Sam Bankman-Fried
Sam Bankman-Fried's parents had purchased a dog over security concerns.
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