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News in English (USA) / 06.05.2025 / 20:00

Rite Aid Files for Bankruptcy Again, Plans Significant Closures

Rite Aid has filed for bankruptcy for the second time in less than two years, citing a failed turnaround strategy and empty store shelves as key factors. The struggling pharmacy chain has announced plans to close all 178 of its locations in New York, prompting concerns about the future of the remaining stores across the country. In its Chapter 11 filing, Rite Aid has indicated it will seek to sell most of its assets and has informed vendors that it has generally stopped purchasing goods and services. As customers anticipate the changes, the company has promised a smooth transfer of prescriptions and provided details about the upcoming store closures and layoffs.
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