Article

2025-10-07 Economy

Rite Aid shuts down all remaining stores after bankruptcy

[NYPOST] Pharmacy chain Rite Aid closed all of its locations after filing for bankruptcy twice in less than two years.

The retailer posted a brief announcement on its website.

''All Rite Aid stores have now closed,'' the site states. ''We thank our loyal customers for their many years of support.''

The website offers former customers their pharmacy and immunization history, as well as assistance with finding pharmacies that their prescriptions were transferred to.

The drugstore chain operated in the U.S. for more than 60 years. The company had opportunities to merge with Walgreens in 2017 and Albertsons in 2018, but rejected both, according to Investopedia.

Back in 1987, Rite Aid was the largest drug store chain in the U.S. with more than 2,000 stores, according to the financial media website. # id) ?>

Posted by Fred 2025-10-07 00:00|| E-Mail|| Front Page|| [1783 views ] Top

1 "The company had opportunities to merge with Walgreens in 2017 and Albertsons in 2018, but rejected both, according to Investopedia."

Ya blew it there, Rite Aid...twice. Good riddance.

Posted by DooDahMan 2025-10-07 03:04|| 2025-10-07 03:04|| Front Page Top

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