Story perspectives
Rite Aid Faces Bankruptcy: Stores Closing, Assets for Sale
10/25/2025
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Story summary
- Rite Aid is closing more stores in New Jersey and putting its brand and assets up for sale through Hilco Global.
- Bids are due by October 31.
- An auction is planned for November 6 if needed.
- Rite Aid is in Chapter 11 bankruptcy.
- The sale includes trademarks, digital properties, and customer loyalty data, while prescription files have been sold to other pharmacies.
