Oct 12, 2023
This episode, Mark + Justin are joined by David Biernbaum to
talk about Rite Aid's brace for bankruptcy and projections to close
hundreds of stores. They dig into what the progression of this
bankruptcy filing could look like over the next few months for
vendors + consumers.
Most importantly, the guys discuss the impact on suppliers working
with Rite Aid now. How brands that currently distribute through
Rite Aid can curb potential losses and mitigate coming risk, what
it means for future distribution of brands just beginning at Rite
Aid, plus what payment scenarios might play out for
suppliers.
About David Biernbaum: David is a nationally acclaimed consumer
products retail business consultant and master broker who has
brought more than 200 successful consumers brands to
market.