Rite Aid is undergoing a significant wind-down due to bankruptcy and is closing a large number of its stores. As of mid-2025, more than 1,000 Rite Aid locations have been marked for closure. The company originally operated around 1,277 stores at the time of filing for bankruptcy in early May 2025 and has since announced multiple waves of closures. Recent closures include over 100 stores in several waves announced in June and July 2025. The states most affected by these closures include California, Pennsylvania, New York, New Jersey, Oregon, Maryland, and others. For example, 123 locations were announced to close in one round by the end of June, hitting California, Pennsylvania, and New York particularly hard. Some specific points:
- Rite Aid has filed multiple court documents listing locations for closure, with closures occurring in phases.
- CVS is acquiring some Rite Aid locations and prescription files in certain states, including Oregon and others.
- Rite Aid has sold off prescription files to competitors like CVS, Walgreens, and Albertsons, and CVS is taking over 64 Rite Aid stores in three states.
- The full wind-down and closure of all Rite Aid stores are ongoing as part of the company's Chapter 11 bankruptcy proceedings.
In summary, Rite Aid is closing approximately 75-80% of its stores, with closures happening nationwide but concentrated in Pennsylvania, California, and New York among other states. The closure timeline is phased, with ongoing shutdowns and some stores transitioning to new owners, especially CVS. Let me know if you want details on specific stores or states included in the closures. This is a major and ongoing retail contraction for Rite Aid in 2025. If you want, I can provide you with a detailed list of some locations being closed next.
