Published 4 days ago • loading... • Updated 14 hours ago

Troubled Pharmacy Chain Closing Dozens More PA Locations

Rite Aid announced the closure of 151 additional stores across multiple states amid ongoing bankruptcy proceedings.
The closures follow Rite Aid's second Chapter 11 bankruptcy filing this month to pursue a strategic sale of most assets.
The company operates about 1,245 stores in 15 states, with a strong presence in Pennsylvania, New York, and California, and plans to sell pharmacy assets to rivals like CVS and Walgreens.
Bankruptcy court approved agreements last week allowing CVS to acquire prescription files from 625 pharmacies and operate 64 stores in the Pacific Northwest, according to Reuters.
Rite Aid will keep stores open temporarily while continuing layoffs and asset sales, but has stopped issuing Rewards points and will end gift card acceptance on June 5.

Insights by Ground AI

Does this summary seem wrong?

33 Articles

All

Left

Center

Right

Audacy

Center

Giant Eagle to take over prescriptions for 78 local Rite Aid locations

Giant Eagle has just announced it will be taking over customer prescriptions from 78 Rite Aid locations across Pennsylvania and Ohio, after the pharmacy company announced a second bankruptcy a few weeks ago.

14 hours ago·Philadelphia, United States

Read Full Article

Indy Star

Center

More than 300 Rite Aid stores now slated to close: Here’s the complete list

Rite Aid added 316 more locations to its list of planned closures amid its second bankruptcy filing.

2 days ago·Indianapolis, United States

Read Full Article

WKBW

Center

‘They have concerns’: Dozens of Rite Aid stores slated to close in Western New York

It's a time of uncertainty for Rite Aid customers. Earlier this month, we told you the pharmacy chain would be closing or selling New York stores as part of its Chapter 11 Bankruptcy filing.

2 days ago

Read Full Article

WTAE

Center

Rite Aid closing more Pittsburgh-area locations

Rite Aid announces another round of store closures in western Pennsylvania following its second bankruptcy filing.

2 days ago·Pittsburgh, United States

Read Full Article

Patch

Center

Troubled Pharmacy Chain Closing Dozens More PA Locations

Troubled Pharmacy Chain Closing Dozens More PA Locations - Pittsburgh, PA - The deadline to use the bankrupt chain's gift cards and rewards points looms. Get the details here.

2 days ago·United States

Read Full Article

lehighvalleylive

Lean Left

Rite Aid employees near Phillipsburg notified of store closures amid bankruptcy

Three stores in Belvidere, Phillipsburg and Washington Township will close by June 2025 as part of the company's bankruptcy sale of 63 New Jersey locations.

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year