Summary
Rite Aid, a large US pharmacy chain, has closed all its remaining stores. The company faced financial difficulties, legal issues related to the opioid crisis, and had filed for bankruptcy multiple times. Other pharmacy chains in the US are also closing some of their stores for various reasons.
Key Facts
- Rite Aid has closed all of its stores as of now.
- The company's website provides a way for customers to request their pharmacy records.
- Rite Aid was founded in 1962 and once had 5,000 stores.
- Financial struggles and a Justice Department investigation impacted the chain.
- Rite Aid filed for bankruptcy in October 2023 and May 2025.
- The company settled lawsuits related to its role in the opioid epidemic for up to $30 million in 2022.
- In 2024, Rite Aid settled a complaint about allegedly filling unlawful opioid prescriptions.
- Other pharmacy chains like CVS and Walgreens are also closing stores, creating "pharmacy deserts" in some areas.
