The troubled pharmacy chain, which has faced mounting financial pressures and real estate challenges, confirmed these closures span seven states, with Pennsylvania and Oregon hit hardest.
What Happened
On May 5, 2025, Rite Aid officially entered its second bankruptcy filing.
As part of restructuring efforts, the company released a list of 68 additional stores set to close this month.
This move is in response to declining revenue, increased competition, and difficulties meeting lease obligations.
Key Details
- Total Stores Closing in May: 68
- States Affected: California, Connecticut, Massachusetts, New Hampshire, New Jersey, New York, Oregon, Pennsylvania
- Worst-Hit State: Pennsylvania, with 44 closures
Rite Aid emphasized that pharmacy services will remain available in other operational locations.
The closures are effective as of May 12, 2025.
Reactions or Statements
Rite Aid CEO Matt Schroeder stated:
“Our key priorities are ensuring uninterrupted pharmacy services for our customers and preserving jobs for as many associates as possible.”
He added that while Rite Aid continues to face a rapidly shifting healthcare and retail landscape, there’s “meaningful interest” from potential buyers.
Steve Kaufman, principal at Basser Kaufman (a former Rite Aid landlord), said:
“It’s not a surprise. That business has changed… It’s been a marginal company for many, many years.”
Full List of Rite Aid Stores Closing in May 2025
| State | City/Address (Sample Entries Below) |
|---|---|
| California | 3860 Sepulveda Blvd – Torrance, 6150 Van Buren Blvd – Riverside |
| Connecticut | 180 Main St – Cheshire, 113 Mill Plain Rd – Danbury |
| Massachusetts | 1031 Main St – Clinton |
| New Hampshire | 360 Summer St – Bristol, 354 Winchester St – Keene |
| New Jersey | 75 South Main St – Neptune |
| New York | 9 Broad St – Salamanca, 5901 Bay Pkwy – Brooklyn |
| Oregon | 728 SW 4th Ave – Ontario, 4041 NW Logan Rd – Lincoln City |
| Pennsylvania | 805 Huntingdon Pike – Huntingdon Valley, 4530 N 5th St – Philly |
For the full official list, see Rite Aid’s bankruptcy disclosure or visit riteaid.com.
Investigation or What’s Next
Rite Aid’s financial restructuring continues under Chapter 11 protections.
The company is currently reviewing offers from both national and regional buyers interested in acquiring assets.
Some landlords are exploring alternative uses for vacated sites, citing past rental defaults by Rite Aid.
FAQs
Why is Rite Aid closing more stores?
Due to financial instability, increased competition, and unpaid leases, Rite Aid is reducing its physical footprint to stay viable.
Are pharmacy services still available?
Yes. Rite Aid is committed to maintaining access to pharmacy services at remaining locations.
Is Rite Aid going out of business completely?
Not yet. The company is restructuring under bankruptcy and exploring asset sales and partnerships.
Which state has the most closures?
Pennsylvania leads with 44 store closures in May alone.
What should customers do if their local store closes?
Customers can transfer prescriptions to nearby Rite Aid locations or other pharmacies.
Summary / Final Takeaway
Rite Aid’s latest round of store closures in May 2025 is a direct result of its second bankruptcy filing.
The closures reflect broader challenges in the pharmacy and retail sector.
While some services will continue, many communities will feel the absence of these local stores.
