The Weekly Closeout: JD Sports now ‘bigger than Foot Locker’ and is Rite Aid mulling another bankruptcy?

Q: How long will it take to read this news story?

The story "The Weekly Closeout: JD Sports now ‘bigger than Foot Locker’ and is Rite Aid mulling another bankruptcy?" has 1104 words across 53 sentences, which will take approximately 5 - 10 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "The Weekly Closeout: JD Sports now ‘bigger than Foot Locker’ and is Rite Aid mulling another bankruptcy?" was covered 5 days ago by Retail Dive, a news publisher based in United States.

Q: How trustworthy is 'Retail Dive' news outlet?

Retail Dive is a fully independent (privately-owned) news outlet established in 2012 that covers mostly economy and business news. The outlet is headquartered in United States and publishes an average of 1 news stories per day. It's most recent story was published 14 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27922896</li><li>URL: https://beamstart.com/news/the-weekly-closeout-jd-sports-17447287839671</li></ul>

Retail Dive 5d ago

The Weekly Closeout: JD Sports now ‘bigger than Foot Locker’ and is Rite Aid mulling another bankruptcy? - Retail Dive

Quick Summary:

JD Sports said it has more market share in North America than its rival retailer, while the drugstore is reportedly contemplating refiling.

The chain has struggled for years, and two attempts at mergers in recent years — with rival Walgreens, then grocery chain Albertsons — failed.U.S.drugstore chains have generally focused on healthcare operations in recent years and have long offered lackluster retail experiences.Keep up with the story.How J.C.Fluent, Inc.

JD Sports plans to open 150 new stores in the year ahead, relocate or convert 100 locations and shutter about 50, the latter mostly in Eastern Europe.