Rite Aid’s Top Executives Leave as 400 Jobs Are Cut in Wide Shakeup
Signage is displayed on the exterior of a Rite Aid Corp. store in Hercules, California, U.S. (Photographer: David Paul Morris/Bloomberg)

Rite Aid’s Top Executives Leave as 400 Jobs Are Cut in Wide Shakeup

(Bloomberg) -- Rite Aid Corp. said it will part ways with its top managers and shed about 400 jobs, cutting about $55 million in costs as the drugstore chain tries to turn itself around.
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