Rite Aid has closed its final doors after 63 years in business
Rite Aid’s full liquidation follows a second bankruptcy amid $4 billion debt and legal costs; prescription services transferred to major competitors including CVS and Walgreens.
- Rite Aid, a prominent drugstore chain headquartered in Pennsylvania, has closed all of its stores after 63 years in business.
- The company filed for Chapter 11 bankruptcy in May, stating financial challenges as the only viable path forward.
- Rite Aid transferred its prescription files to various pharmacy chains, including CVS Pharmacy and Walgreens, staggering store closures over several months.
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Rite Aid closes all of its stores nationwide
More than 60 years after Rite Aid was founded, the American drugstore chain has closed all of its stores across the country. The pharmacy chain announced in a post to its website on Friday that all stores have been shuttered, thanking customers for their years of support. Rite Aid’s website now directs former customers to a page on how to obtain and request prescription and immunization records as well as how to find which pharmacy their prescri…
Rite Aid Closes Last Store, Ending Decades-Long Run as One of America’s Biggest Pharmacy Chains - The Thinking Conservative News
Rite Aid, one of the largest pharmacy chains in the country, has permanently closed the last of its locations after struggling with bankruptcy for years. The post Rite Aid Closes Last Store, Ending Decades-Long Run as One of America’s Biggest Pharmacy Chains appeared first on The Thinking Conservative News.
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