Rite Aid is closing all its locations. This announcement was made in a recent post on the company’s website.
Rite Aid’s Store Closure Announcement
According to the website, “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support.” CBS News sought comment from Rite Aid on Saturday.
Rite Aid filed for bankruptcy in May 2025, marking its second bankruptcy filing in nearly two years. The company previously filed in October 2023, aiming to restructure and reduce debt while addressing ongoing litigation claims.
Impact of Bankruptcy and Legal Issues
As part of its restructuring, Rite Aid planned to close 154 stores and has secured $3.45 billion in financing, following declining sales and opioid-related lawsuits.
Since October 2023, over 520 Rite Aid pharmacies have closed, which is about 25% of the total. The Justice Department had filed a complaint in March 2023, accusing the company of unlawful prescription practices.
Future of Rite Aid Customers
The Rite Aid website now only includes services for former customers to find new pharmacies and request pharmacy records.
This chain was founded in 1962 and has provided services for decades before this significant closure.
