Whole Foods' founder's restaurant concept is dead for now, but Love.Life plans resurrection
The health-focused plant-based concept created by John Mackey earlier this year in Los Angeles has closed, blaming poor foot traffic. But a new flagship is scheduled to debut next year.
Rite Aid declares bankruptcy
The pharmacy chain, which also named turnaround expert Jeffrey Stein as its new CEO, said it had secured $3.45 billion in new financing to keep it operating during the Chapter 11 process.