The company, which reportedly has billions of dollars in debt and is facing more than 1,000 lawsuits claiming it filled illegal prescriptions for painkillers, will close hundreds of stores. Rite Aid files for bankruptcy, announces financial restructuring plans amid opioid complaints, lawsuits: trib.al/IYingf1 SUBSCRIBE to ABC News on YouTube: bit.ly/2vZb6yP Latest updates: abcnews.go.com Watch FULL EPISODES on Hulu: abcn.ws/3bzvQQn #business #riteaid #bankruptcy #news #abcnews