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Story perspectives

Rite Aid Closes All Stores After 63 Years

10/3/2025

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Story summary
  • Rite Aid closed all stores nationwide, with the final closure on September 29, 2025.
  • In 2022, Rite Aid operated 2,451 stores; by September 2025, 89 remained.
  • Rite Aid was founded in Pennsylvania in 1962 and became the third-largest U.S. drugstore chain.
  • Rite Aid filed for bankruptcy in October 2023 and May 2025. CVS Health and Walgreens remain the largest chains.