Overview

• The final locations—reported in Washington and Oregon—closed on Sept. 29, ending the chain’s 63-year presence.
• Rite Aid filed for Chapter 11 in October 2023 and again in May 2025 before moving to liquidate stores and assets.
• Prescription files and some sites were transferred to CVS, Walgreens, Albertsons, Kroger and Giant Eagle under court-approved agreements.
• CVS agreed to acquire 64 stores in Idaho, Oregon and Washington and purchased prescription files from 625 locations across 15 states.
• Rite Aid cites heavy debt and opioid-related legal costs as key pressures, and it sold its Thrifty Ice Cream brand to Hilrod Holdings for $19.2 million.