Rite Aid is closing after it declared bankruptcy in May 2025. This means a large chunk of real estate is entering the market in Philadelphia and South Jersey.

Rite Aid’s return to bankruptcy within a year after completing its prior Chapter 11 shows that when critical vendors aren’t ...

Post-bankruptcy, though, “customer purchases of these products from brick-and-mortar convenience stores waned significantly, as Rite Aid was viewed as a higher-cost provider of these items.” ...

Rite Aid says a few months for most of its stores. All locations will eventually close or be sold to a new owner. Until then, customers will still be able to fill prescriptions, get immunizations and ...

Rite Aid filed for Chapter 11 bankruptcy for the second time in less than two years, announcing plans to sell “substantially all” of its assets.CEO Matt Schroeder attributed the move to mounting ...

Rite Aid plans to sell all of its assets to one or more buyers in bankruptcy. Rite Aid was unable to secure additional capital from lenders that was needed to continue operating the business.

Apart from the stores to be auctioned, Rite Aid laid out a list of locations it plans for a first wave of closures. According to the docket, the plan still needs to be approved. If these locations ...

The Philadelphia-based Rite Aid Corp. has filed for a second bankruptcy, the company has announced. The group has begun proceedings for a Chapter 11 bankruptcy protection and will sell off its ...

Locations set to close in the first wave Apart from the stores to be auctioned, Rite Aid laid out a list of locations it plans for a first wave of closures. According to the docket, the plan still ...

Pharmacy chain Rite Aid has begun Chapter 11 bankruptcy proceedings, the company announced on May 5. Rite Aid CEO Matt Schroeder pointed to financial challenges that "intensified by the rapidly ...