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5h ago

Rite Aid Shuts All U.S. Stores After Second Chapter 11

The shutdown follows a second Chapter 11 filing, with prescriptions redirected 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.
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Overview

  • Rite Aid’s website confirms the closure and provides tools for customers to find a new pharmacy and request prescription and immunization records.
  • The final locations in Washington and Oregon closed on Sept. 29, ending a decline from 2,451 stores in 2022 to 89 by early September 2025.
  • The company filed for Chapter 11 in October 2023 and again in May 2025, citing financial pressures from rapidly changing retail and healthcare dynamics.
  • Court-approved sales transferred prescriptions and other assets to CVS, Walgreens, Albertsons, Kroger and Giant Eagle, with CVS acquiring 64 stores in the Pacific Northwest and 625 prescription files across 15 states.
  • Rite Aid also sold its Thrifty Ice Cream brand to Hilrod Holdings for $19.2 million as part of the wind-down.