Cicero, NY - The closed Rite Aid drugstore in Cicero may soon be getting a transformation. A proposal to turn the former ...

(Bloomberg) -- Rite Aid Corp. is in talks with providers of its asset-backed-loan to fully access the facility and implement its turnaround plan, according to people familiar with the matter.

Following last year's bankruptcy filing, Rite Aid has announced the closure of more than a dozen additional stores in New York. Already, the national pharmacy chain announced the closure of 77 ...