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

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

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.

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.

Philadelphia-based Rite Aid, which was based in East Pennsboro Township for decades, has filed for bankruptcy again. Rite Aid said on Monday it is pursuing “a strategic and value-maximizing sale ...

Rite Aid is filing for Chapter 11 bankruptcy for a second time, according to reports. They plan to close more than 300 stores ...

The U.S. pharmacy chain said it plans to keep stores open in the interim. Drugstore chain Rite Aid is filing for bankruptcy again, eight months after emerging from a previous Chapter 11 filing in ...

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 ...

Rite Aid, the fourth-largest U.S. drugstore chain, has filed for Chapter 11 bankruptcy and plans to sell or close its remaining 1,240 stores. Rite Aid has secured financing to keep stores open during ...

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 ...

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 ...

The Chapter 11 filing in U.S. Bankruptcy Court in New Jersey gives Rite Aid access to $1.94 billion in new financing to fund the sale process, during which it plans to keep stores open.