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.

Thrifty Ice Cream, founded in 1940 in West Hollywood, California, quickly became a staple for many West Coast residents.

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.” ...

Kaplan, in approving the plan last year, recognized that Rite Aid faced eight months of negotiations and ... time less than a year after emerging from its first, also faced post-bankruptcy vendor ...

Rite Aid has announced more store closures after filing for bankruptcy a second time in as many years. The drug store ...

The pharmacy chain based in the Navy Yard has been struggling for years. It first filed for bankruptcy in October 2023.

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.

SEATTLE — Rite Aid is set to close an additional 14 stores ... from over 2,300 to about 1,200 in 15 states.' The company plans to sell customer prescription files, inventory and other assets ...

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 ...