Rite Aid to close all of its stores in 2025: Complete list and locations

Rite Aid will close all of its stores in the United States. From having more than 4,500 locations in the early 2000s, the company will close its remaining stores after filing for bankruptcy once again.

The company first filed for bankruptcy in October 2023 amid mounting debt and after facing hundreds of lawsuits for its alleged role in the opioid crisis.

In a statement, the company said it would “implement a strategic sale process that maximizes the value of substantially all of its assets.” “To facilitate this process, the Company and its subsidiaries voluntarily initiated Chapter 11 proceedings in the United States Bankruptcy Court for the District of New Jersey,” it shared.

“For more than 60 years, Rite Aid has been a proud provider of pharmacy services and products to our loyal customers,” said Matt Schroeder, Chief Executive Officer of Rite Aid. ”While we have continued to face financial challenges, intensified by the rapidly evolving retail and healthcare landscapes in which we operate, we are encouraged by meaningful interest from a number of potential national and regional strategic acquirors. As we move forward, our key priorities are ensuring uninterrupted pharmacy services for our customers and preserving jobs for as many associates as possible.”

Rite Aid to Close All Stores by 2025: Most Affected States

Over the past year, Rite Aid has closed hundreds of stores, and according to an Associated Press report, court documents reveal plans for a complete liquidation of its retail presence. According to the outlet, the company plans to sell its customers’ prescription records, as well as inventory and other assets.

Of the more than 1,200 branches, these will be the most affected states, based on the number of locations:

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The company currently operates 1,245 stores in 15 states. Rite Aid has not yet confirmed a specific date for the closure of its operations nationwide, but several stores have already announced liquidation sales and closures scheduled for this May. The final rounds of closures are expected to be completed by mid-2025.

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