All Rite Aid locations closed after bankruptcy filing

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FILE - A Rite Aid store in Berkley, Michigan, US, on Wednesday, July 31, 2024. Rite Aid Corp., which filed for bankruptcy in October, has closed hundreds of stores around the US in the past several months. Photographer: Emily Elconin/Bloomberg via Ge

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A pharmacy staple in America is officially no more. 

All Rite Aid stores have now closed, according to its website. 

Rite Aid closed

What they're saying:

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

What's next:

Rite Aid is offering online records requests, including prescription and immunization history. And it has a list of the new pharmacies that received Rite Aid prescription transfers. 

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Rite Aid bankruptcy

The backstory:

Philadelphia-based Rite Aid was founded in 1962 in Scranton, Pennsylvania, as Thrif D Discount Center. The company had struggled with debt, posted annual losses for several years and was cutting costs and closing stores well before its initial bankruptcy filing.

Big picture view:

Rite Aid, like other major chains and independent pharmacies, have been dealing with tighter profits on their prescriptions, increased theft, court settlements over opioid prescriptions and customers who are drifting to online shopping and discount retailers.

Timeline:

The company initially filed for bankruptcy protection in October 2023, with plans to sell parts of its business and restructure. It emerged nearly a year later as a private company. 

Then the company announced in May 2025 that its stores will remain open as it returns to Chapter 11 bankruptcy proceedings.

By the numbers:

The company ran more than 2,300 stores in 17 states before the 2023 filing. After Rite Aid’s creditors took ownership of the chain, it shrank to 1,245 stores in 15 states.