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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.
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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]]>

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storebrands.com broke the news in on Monday, June 9, 2025.
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