Rite Aid closes down all remaining stores after bankruptcy

Pharmacy chain Rite Aid closed all of its locations after filing for bankruptcy twice in less than two years.

The retailer posted a brief announcement on its website.

"All Rite Aid stores have now closed," the site states. "We thank our loyal customers for their many years of support."

The pharmacy chain was driven to file for bankruptcy protection in 2023 due to mounting debt and sluggish sales from heightened competition coupled with hundreds of lawsuits connected to its role in the opioid crisis. Rite Aid quickly initiated a store optimization plan that involved immediately closing 154 of its 2,284 stores.

Over the course of the restructuring, Rite Aid closed hundreds of additional stores, leaving it with a footprint of about 1,245 locations by the time of its second bankruptcy filing in May 2025.

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