US EditionOver 50 Pittsburgh-Area Rite Aid Locations Now Set to Close
- Rite Aid announced plans in May 2025 to close 210 stores across 12 states, including 128 in Pennsylvania, amid bankruptcy proceedings.
- These closures follow Rite Aid’s second Chapter 11 bankruptcy filing this month due to ongoing financial struggles and prior downsizing.
- The company secured $1.94 billion in financing to maintain store operations and pay employees while pursuing a sale of most assets.
- Rite Aid stated it will no longer issue Rewards points after May 6 and will stop honoring gift cards or returns on June 5, 2025.
- These developments indicate that Rite Aid will significantly reduce its retail presence, with store auctions expected to start in May pending court approval.
21 Articles
21 Articles
Over 50 Pittsburgh-area Rite Aid locations now set to close
The number of Rite Aid locations set to close has expanded significantly, with locations all around the Pittsburgh area on the chopping block after the Pennsylvania-based pharmacy declared bankruptcy for a second time earlier this month.
Pharmacy chain reveals list of 95 stores closing this year
A MAJOR pharmacy chain has revealed the full list of the 96 stores set to close this year, as a bankruptcy filing forces shock moves. The chain has been struggling in major ways, from falling behind on rent to being forced to sell stores to rivals. The chain has been struggling in major ways, from falling behind on rent to being forced to sell stores to rivalsAFP Rite Aid has been hit particularly hard by the economic strain being forced onto th…
76 Rite Aid stores to close in Pa.
By Daniel Urie, pennlive.com Dozens of Rite Aid stores will close. The drugstore chain announced in a bankruptcy filing on Friday that it is closing 95 stores. This follows the 115 stores Rite Aid earlier announced it would close. Seventy-six of the stores on the May 16 list are in Pennsylvania. Rite Aid filed for bankruptcy earlier this month and is pursuing “a strategic and value-maximizing sale process for substantially all of its assets.” Th…
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