Rite Aid has announced more store closures after filing for bankruptcy a second time in as many years.. The drug store announced it had filed for Chapter 11 bankruptcy again on May 5, the second ...

People walk outside a Rite Aid store on December 21, 2022, in Los Angeles, California. The pharmacy chain announced plans to close five locations in the Sacramento area in 2025. Mario Tama/Getty ...

Rite Aid has 1,277 pharmacies, three distribution centers, and more than 24,000 employees across 15 states, and it’s hoping to sell many of its locations to preserve jobs, minimize the impact on ...

Rite Aid customers can expect their local store to close or change ownership in the next few months, as the struggling drugstore chain goes through another bankruptcy filing. The company plans to ...

A Rite Aid Pharmacy is seen in Pittsburgh in this undated image. Gene J. Puskar, File/AP Photo Which States are Most Impacted by Closures? According to the Rite Aid website, it has 1,240 stores ...

Rite Aid’s creditors took ownership of the chain, which shrank to 1,245 stores in 15 states, according to its website. A spokesperson said in March that the company was “laser focused” on ...

Rite Aid previously filed for bankruptcy in October 2023 and it’s very unlikely there would be a third bankruptcy, says Scott Stuart, CEO of the Turnaround Management Association in Chicago.

By TOM MURPHY, Associated Press. Rite Aid is again seeking bankruptcy protection as the struggling drugstore chain says it will try to sell substantially all of its assets.. The company said ...

FILE - This photo shows a sign of Rite Aid on its store in Pittsburgh on Jan. 23, 2023. Author: Associated Press, TOM MURPHY (Associated Press Health Writer) Published: 5:00 PM EDT May 5, 2025 ...

Rite Aid is going out of business: What we know about prescriptions, gift cards, more. Published: May. 08, 2025, 5:15 a.m. The Rite aid store at 501 S. 29th St. in Paxtang has closed.

Since filing for bankruptcy in late 2023, Rite Aid has closed over 800 stores, over a dozen of which were in New England. Now, the national drugstore chain has shared a press release announcing ...