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Rite Aid Closes All Stores Nationwide as Bankruptcy Wind-Down Concludes

The chain's collapse stems from a second Chapter 11 in May that shifted prescriptions to rival pharmacies.

The Rite Aid pharmacy at the corner of Pennsylvania Avenue and Cedar Street in the Town of Southport is among several Elmira area Rite Aid locations that will close this summer when the company goes out of business.
Facade of Rite Aid pharmacy
A shopper enters a Rite Aid store in Hercules, Calif., om April 22, 2025.
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Overview

  • Rite Aid confirmed the shutdown on its homepage and is directing former customers to tools to find new pharmacies and request prescription or immunization records.
  • The final locations, in Washington and Oregon, closed on Sept. 29, completing the nationwide closure.
  • The wind-down followed a second Chapter 11 filing in May in the U.S. Bankruptcy Court for the District of New Jersey after years of strain from heavy debt, declining sales and opioid-related litigation costs.
  • Sale and transition agreements moved prescription files and other assets to CVS, Walgreens, Albertsons, Kroger and Giant Eagle; CVS also bought 64 stores in Idaho, Oregon and Washington and 625 prescription files across 15 states.
  • The closures also end Seattle-based Bartell Drugs, acquired by Rite Aid in 2020, with some former locations rebranded under CVS.