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Story perspectives

Rite Aid Closes 68 Stores Amid Bankruptcy Restructuring

5/15/2025

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Story summary
  • Rite Aid is shutting down 68 stores in seven states, including four in Virginia, due to its second bankruptcy.
  • These closures are part of a restructuring plan initiated after a May 5 bankruptcy filing.
  • Customer prescriptions will be transferred to other pharmacies, while online pharmacy services remain available.
  • Virginia locations have decreased from 64 to 31, making Rite Aid the third-largest pharmacy chain in the U.S.