Why Rite Aid, Moderna, WPP and Starbucks are Flailing
Feedback Loops are a Bitch
Less than a year after completing a restructuring that was supposed to turn the troubled pharmacy chain around, Rite Aid Corp. announced yesterday that it has filed for bankruptcy. Again.
The company was unable to secure additional capital from lenders in order to continue operating the business, Chief Executive Officer Matthew Schroeder said in a letter…
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