Rite Aid Closes Final 89 Stores, Leaving Patients to Travel Farther for Medications
Rite Aid, once a prominent U.S. pharmacy chain, has shuttered its final 89 stores following a bankruptcy filing in May 2025. The closure may increase travel distances for patients seeking medications, particularly impacting older adults.
Rite Aid's decline began in October 2023 when it first filed for bankruptcy due to intense competition from larger chains like CVS Pharmacy and a substantial debt of over $4 billion. The company managed to emerge from its first bankruptcy in September 2024, having closed about 500 locations and securing $2.5 billion in funds.
In May 2025, Rite Aid sold most of its U.S. stores' pharmacy services to rivals CVS Pharmacy, Walgreens, Albertsons, and Kroger. This sale included the first 1,250 remaining pharmacies. The remaining 89 pharmacies were closed prior to August 28, 2025, as part of the Walgreens Boots Alliance restructuring and acquisition finalized by Sycamore Partners. The company began breaking up and spinning off Rite Aid immediately after the takeover.
Rite Aid's website continues to be available for former customers to request pharmaceutical records or locate nearby pharmacies. The closure of all Rite Aid stores may pose challenges to patients, particularly older adults, who may now need to travel farther to access medications.
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