Rite Aid to Shut All U.S. Stores by 2025: Full List of Locations

Rite Aid, after filing for bankruptcy, will close all US stores by mid-2025. The company plans to sell assets and continue pharmacy services.

Rite Aid Stores: Rite Aid which was once a giant in the pharmacy and retail business with more than 4,500 stores in the early 2000s, will close all its stores in the United States. The company, which has been facing huge financial troubles, filed for bankruptcy again in October 2023 due to mounting debt and legal issues. It had been named in hundreds of lawsuits related to the opioid crisis, which further contributed to its downfall.

Rite Aid Stores: Bankruptcy and Plans for Closure

The company is now going through a Chapter 11 bankruptcy process. This type of bankruptcy allows companies to keep running their business while they reorganize and try to pay off their debts. However, Rite Aid has decided to shut down all its stores and liquidate its assets.

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This means the company will sell everything it owns, including inventory, customer prescription records, and other property. While they plan to close down, they are still looking for buyers for their assets, including possible strategic buyers from both national and regional levels.

According to AS News, in a statement, Rite Aid’s CEO, Matt Schroeder, said, “For more than 60 years, Rite Aid has been a proud provider of pharmacy services and products to our loyal customers.” He acknowledged the company’s financial difficulties and the impact of changing retail and healthcare environments.

Despite the tough times, Schroeder said that there had been strong interest from potential buyers. He stressed that the company’s priorities are to continue pharmacy services without interruptions and to keep as many jobs as possible during the process.

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

347 stores in California
345 stores in Pennsylvania
178 stores in New York
95 stores in Washington
60 stores in New Jersey
48 stores in New Hampshire
48 stores in Oregon
31 stores in Virginia
29 stores in Delaware
23 stores in Maryland
15 stores in Connecticut
8 stores in Idaho
5 stores in Vermont
4 stores in Massachusetts
4 stores in Ohio

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Final Closures and Liquidation Sales

Over the past year, Rite Aid has been closing many of its stores. The company now operates 1,245 stores in 15 states. Although it hasn’t set an exact date for the nationwide store closures, several Rite Aid locations have already started holding liquidation sales. These sales will help clear out inventory before the final store closures take place. The last round of closures is expected to be completed by mid-2025.

Farheen Ashraf

Farheen Ashraf is a content writer and editor at Eduvast, where she has been contributing since 2021. She holds a Bachelor's degree in History and has developed extensive experience in researching, writing, and editing content across a wide range of subjects. Over the years, Farheen has written on business, entertainment, law, travel, lifestyle, education, culture, poetry, and human-interest topics. Her work focuses on transforming complex information into clear, accurate, and reader-friendly content that helps audiences make informed decisions. At Eduvast, she works closely with the editorial team to ensure content quality, factual accuracy, and adherence to editorial standards. Her passion for storytelling and research continues to drive her exploration of diverse subjects and emerging trends.