by Rite Aid, one of the nation’s largest pharmacy chains, has announced it will shut down 95 additional stores across the U.S. as part of its ongoing Chapter 11 bankruptcy process.
The closures, revealed in court filings, mark a major step in the company’s retail wind-down as it manages debt and legal challenges.
These latest closures span multiple states, with Pennsylvania seeing the highest number of affected locations.
What Happened
Rite Aid filed for Chapter 11 bankruptcy in October 2023. Since then, it has shuttered hundreds of stores in an attempt to stabilize its finances. The latest filing lists 95 new closures across 12 states.
The company cited ongoing financial difficulties, opioid-related lawsuits, and changing healthcare demands as core reasons for restructuring.
Key Details
- Total Stores Closing: 95
- States Affected: Pennsylvania, California, Oregon, Maryland, Delaware, Virginia, and others
- Highest Impact: Pennsylvania (69 stores)
- Bankruptcy Filed: October 2023
- Ongoing Liquidation Sales: Yes, in many affected locations
- Prescription Transfers: Being handled via partnerships with CVS, Walgreens, Kroger, and others
In its most recent statement, Rite Aid said it aims to ensure “uninterrupted pharmacy services” by transferring prescriptions to other providers.
Reactions or Statements
Matt Schroeder, CEO of Rite Aid, noted:
“While we have continued to face financial challenges, intensified by the rapidly evolving retail and healthcare landscapes in which we operate, we are encouraged by meaningful interest from a number of potential national and regional strategic acquirors.”
He also emphasized a commitment to supporting staff and minimizing service disruption for customers.
A message from the company to its customers described the Chapter 11 process and pending asset sales as the “only viable path forward.”
Investigation or What’s Next
Rite Aid has reached settlements with major stakeholders, including the U.S. Department of Justice and McKesson Corp, and is now proceeding with final liquidation steps.
Prescriptions from closing stores will be transferred automatically, and the company plans to sell prescription data and other assets to competitors.
No official nationwide closure date has been released.
Store Closures by State (Partial List)
| State | Number of Stores |
|---|---|
| Pennsylvania | 69 |
| California | 5 |
| Oregon | 3 |
| Maryland | 3 |
| Delaware | 1 |
| Virginia | 6 |
For a full list of Rite Aid closures by city and zip code, see the bottom of this article.
FAQs
Q: Why is Rite Aid closing so many stores?
A: The closures are part of its bankruptcy restructuring plan, aimed at reducing debt and legal exposure.
Q: Will my prescription be affected?
A: If your local store is closing, Rite Aid will transfer your prescription to another nearby pharmacy automatically.
Q: Are all Rite Aid locations closing?
A: No. Only the 95 listed locations are affected at this time. Other stores will continue operations.
Q: Is Rite Aid going out of business entirely?
A: Rite Aid is winding down many retail operations but is working on asset sales and partnerships to remain active in the pharmacy space.
Q: Where can I see the full list of closing stores?
A: Scroll to the end of this article to view all 95 store locations by city and zip code.
Summary / Final Takeaway
Rite Aid’s decision to close 95 more stores in 2025 signals a major contraction for the once-dominant pharmacy chain.
While customers in affected areas may face temporary disruptions, the company is working to ensure continuity of care through prescription transfers and asset sales. As the company navigates bankruptcy, more updates are expected in the coming months.
