HOW RITE AID WENT FROM 4,600 STORES TO ZERO

Описание: HOW RITE AID WENT FROM 4,600 STORES TO ZERO



Rite Aid went from nearly 5,000 stores to closing every location in 2025. After more than six decades in business, the pharmacy chain collapsed under mounting financial pressure, repeated bankruptcy filings, and intense competition. Its first bankruptcy in 2023 reduced debt and closed hundreds of stores, but the company filed again in May 2025. Inventory shortages, pressure on pharmacy profits, legal costs, and difficulty competing with discount retailers and online pharmacies contributed to its downfall. By October 2025, all Rite Aid stores had closed, while CVS, Walgreens, and other retailers took over some pharmacy assets and prescription files.



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