These are the Rite Aid stores expected to close in Washington, Oregon
- Rite Aid announced it will close nearly 70 stores in Washington, Oregon, and other states amid ongoing bankruptcy proceedings in May 2025.
- The closures follow Rite Aid's Chapter 11 bankruptcy filing last week due to continued financial struggles and follow its October 2023 filing that reduced stores from over 2,300 to about 1,200.
- Court documents originally planned 47 store closures, but updated filings added 68 more across seven states, with Pennsylvania having the most closures, including 44 pharmacies.
- Rite Aid obtained $1.94 billion in funding to support store operations throughout the proceedings and confirmed that employees will continue to receive their salaries and benefits during this period.
- Rite Aid said it will stop issuing Rewards points after May 6 and will no longer honor gift cards or accept returns starting June 5, 2025, signaling further operational wind-down steps.
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Rite Aid, Walgreens to shutter hundreds of pharmacies - Conservative Journal Review
Some of the top pharmacies in the country are shuttering their doors, with more than 2,200 locations scheduled to close down in 2025. Among the top retailers closing outlets are two giants in the pharmacy industry, Rite Aid and Walgreens. This comes as well as the announcement that numerous healthcare providers have filed for bankruptcy this year. Going broke There was a time when everyone went to the local CVS, Rite Aid, Walgreens, or a neighbo…
Rite Aid closing more stores amid bankruptcy
Camp Hill- based Rite Aid Corporation will be closing eight stores in Pennsylvania following the announcement of its latest bankruptcy filing. The company announced that it and its subsidiaries commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of New Jersey. The latest store closings include: 23 N. Elm St., Kutztown, Berks County 1039 Second St., Northampton Township, Bucks County 204 Market St., …
Relief for the industry can’t come too soon
Coming less than a week after the conclusion of the NACDS Annual Meeting, the demise of Rite Aid brought additional urgency to the task of addressing issues that, depending on their business mix, threaten all pharmacy operators. Rite Aid, the nation’s third-largest drug chain, entered Chapter 11 for the second time in less than two years on May 5, at the same time signaling its intention to sell all its assets.To be sure, many of Rite Aid’s trou…
Rite Aid Pursues Asset Sale Amid Chapter 11 Bankruptcy Filing - Gettysburg Connection
Rite Aid Corporation announced it is pursuing a strategic sale of nearly all its assets under Chapter 11 bankruptcy protection, filed in the U.S. Bankruptcy Court for the District of New Jersey. The move is part of the company’s effort to manage mounting financial challenges and reshape its future. Despite the filing, Rite Aid will
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