US EditionRite Aid Closures Impacting Pharmacy Customers | News Channel 3-12
- Rite Aid announced plans to close nearly 500 stores across 14 states following its May 2025 bankruptcy filing in the United States.
- The closures stem from Rite Aid's second bankruptcy in recent years amid long-term financial struggles and a shifting retail and healthcare landscape.
- The company has secured $1.94 billion in financing and agreed to pharmacy service transition deals covering over 1,000 stores with CVS, Walgreens, and Albertsons.
- CEO Matt Schroeder stated on May 5 that Rite Aid faces "rapidly evolving retail and healthcare landscapes" but noted interest from strategic acquirers.
- If approved, the store closures will reduce customer options but aim to improve fiscal efficiency as Rite Aid proceeds with asset sales and restructuring.
32 Articles
32 Articles
Rite Aid Closures Impacting Pharmacy Customers | News Channel 3-12
Rite Aid closures impacting pharmacy customers SANTA BARBARA, Calif.-Rite Aid customers are being notified by phone to get their prescriptions filled before stores close this summer. That has made the stores appears busier than usual. "They just called me and [I] come and get my prescriptions and that they might change to CVS maybe," said Alma Baroza. Rite Aid's spokesperson couldn't be reached by phone, but there have already been published rep…
Pharmacy chain closing 111 more stores - 500 are already shutting down
A BELOVED pharmacy chain is closing 111 more stores amid its bankruptcy bust – separate from the 500 already disappearing. The chain has been forced to take drastic measures, and is throwing out waves of store closures. GettyThe chain has been forced to take drastic measures, and is throwing out waves of store closures[/caption] Rite Aid‘s slow fall into bankruptcy has left it struggling to stay afloat while axing hundreds of locations in the pr…
List: The more than 300 Rite Aid locations outlined for closure in bankruptcy case
(NEXSTAR) — Rite Aid, the retail pharmacy chain that filed for its second bankruptcy in as many years in May, has identified more than 300 locations for closure. Last week, court filings showed more than 110 Rite Aid stores across 12 states had been proposed as a fourth round of closures. Combined with previous rounds outlined in court documents, Rite Aid has identified 360 locations for closure as of early June. The exact timeline of when these…
Coverage Details
Bias Distribution
- 81% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
