While court approval is still needed, court documents indicate Rite Aid is preparing for an initial wave of store closures ...

After filing for bankruptcy for a second time earlier this week, court documents indicate pharmacy giant Rite Aid could soon begin closing stores before auctioning off its leases and buildings.

While court approval is still needed, court documents indicate Rite Aid is preparing for an initial wave of store closures and eventual real estate sales after filing for bankruptcy again.