Rite-Aid to Close 63 Stores

Pharmacy chain Rite-Aid said Tuesday it plans to close 63 locations across the U.S.

The Pennsylvania-based drugstore company said the closures are part of a "first phase" of an effort to reduce costs and boost its bottom line.

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The company has 2,451 stores across 18 states, including 10 in Massachusetts and 110 total in New England.

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