More than 200 new Rite Aid locations listed for closure: Court docs
- Rite Aid filed for Chapter 11 bankruptcy again in May 2025 and announced plans to close more than 300 stores across the U.S., including 30 in New Jersey.
- The bankruptcy follows years of financial struggles, increased competition, opioid litigation costs, and customer shifts to online and discount retailers.
- Rite Aid ceased issuing Rewards points as of May 6, 2025, will stop redeeming gift cards and processing returns starting June 5, and is assisting customers with transferring their prescriptions to other pharmacies.
- Around 600 stores will close overall, about half of Rite Aid's 1,240 locations are up for sale, and CVS Health plans to acquire 64 stores pending court approval.
- These actions indicate Rite Aid is dismantling its retail presence while the future of its Thrifty Ice Cream brand remains uncertain amid interest from brand management firms and investors.
16 Articles
16 Articles
Everyone eyeing bankrupt Rite Aid's assets — including Kourtney Kardashian and Walgreens: report
Pharmacy chain Walgreens and reality star turned entrepreneur Kourtney Kardashian are among those picking over the remaining assets in Rite Aid's bankruptcy, according to two people familiar with the matter.
What Will Become of Rite Aid's Thrifty Ice Cream Brand Amidst Store Closures? - RetailWire
For generations of Californians, the name Rite Aid doesn’t just evoke thoughts of prescriptions and convenience goods. It calls to mind a square scoop of creamy nostalgia served under the glow of fluorescent lights: Thrifty Ice Cream. But with Rite Aid once again in bankruptcy court — and hundreds of stores shuttering across the country — many loyal customers are asking: What will become of the beloved Thrifty Ice Cream brand? Rite Aid’s Second …
More than 200 Rite Aid stores will close as part of the process of bankruptcy of the retail pharmacy chain, as shown by court documents filed days ago by the media. This would be the fifth and sixth round of closures, which affected hundreds of other similar establishments in 14 states.Read more]]>
Coverage Details
Bias Distribution
- 67% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage