Rite Aid Shuts Down All U.S. Stores: Reactions and Fallout
Rite Aid, a once prominent national pharmacy chain, has officially closed all of its locations across the United States. The closure follows a rapid decline, with the company operating 2,451 locations in 2022 before filing for Chapter 11 bankruptcy in October 2023. Despite emerging from bankruptcy briefly, Rite Aid filed again in May 2025, leading to the liquidation of its assets and the complete closure of all stores by September. The company, founded in 1962, faced significant challenges including a heavy debt load and legal issues related to the opioid crisis.
John Q. Hosedrinker