Rite Aid is closing after it declared bankruptcy in May 2025. This means a large chunk of real estate is entering the market in Philadelphia and South Jersey.

Post-bankruptcy, though, “customer purchases of these products from brick-and-mortar convenience stores waned significantly, as Rite Aid was viewed as a higher-cost provider of these items.” ...

Kaplan, in approving the plan last year, recognized that Rite Aid faced eight months of negotiations and ... time less than a year after emerging from its first, also faced post-bankruptcy vendor ...

Rite Aid is filing for Chapter 11 bankruptcy for a second time, according to reports. They plan to close more than 300 stores ...

Rite Aid plans to sell all of its assets to one or more buyers in bankruptcy. Rite Aid was unable to secure additional capital from lenders that was needed to continue operating the business.

The Philadelphia-based Rite Aid Corp. has filed for a second bankruptcy, the company has announced. The group has begun proceedings for a Chapter 11 bankruptcy protection and will sell off its ...

Apart from the stores to be auctioned, Rite Aid laid out a list of locations it plans for a first wave of closures. According to the docket, the plan still needs to be approved. If these locations ...

SEATTLE — Rite Aid is set to close an additional 14 stores ... from over 2,300 to about 1,200 in 15 states.' The company plans to sell customer prescription files, inventory and other assets ...

Philadelphia-based Rite Aid initiated the proceedings in a New Jersey bankruptcy court on Monday. The chain “is pursuing a strategic and value-maximizing sale process for substantially all of ...

The U.S. pharmacy chain said it plans to keep stores open in the interim. Drugstore chain Rite Aid is filing for bankruptcy again, eight months after emerging from a previous Chapter 11 filing in ...

Locations set to close in the first wave Apart from the stores to be auctioned, Rite Aid laid out a list of locations it plans for a first wave of closures. According to the docket, the plan still ...