DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News Business

Rite Aid closing all locations after decades in business

October 4, 2025
in Business, News
Rite Aid closing all locations after decades in business
496
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Updated on: October 4, 2025 / 1:55 PM EDT
/ CBS News

Rite Aid is closing all locations, according to a recent post on the U.S. pharmacy chain’s website.

“All Rite Aid stores have now closed. We thank our loyal customers for their many years of support,” read a post at the bottom of the Rite Aid website.

CBS News reached out to Rite Aid for comment on Saturday.

Rite Aid filed for bankruptcy in May, the second such filing in nearly two years. The company also filed for bankruptcy in October 2023 and said at the time that the restructuring would “significantly reduce the company’s debt” while helping to “resolve litigation claims in an equitable manner.” Rite Aid said it planned to close down 154 stores after the filing.

The company obtained $3.45 billion in fresh financing as it carried out a restructuring plan and dealt with dips in sales and opioid-related lawsuits.

More than 520 Rite Aid pharmacies have closed since October 2023, which is about a quarter of the 2,111 open at the time of the bankruptcy filing.

The Justice Department filed a complaint against Rite Aid in March 2023, accusing the company of violating the False Claims Act and the Controlled Substances Act by filling unlawful prescriptions for drugs such as oxycodone, fentanyl and benzodiazepine and ignoring internal red flags about the prescriptions, CBS News reported.

The website for the company founded in 1962 now only shows a service to help former customers find a new pharmacy and a link to request pharmacy records.

The post Rite Aid closing all locations after decades in business appeared first on CBS News.

Share198Tweet124Share
Netanyahu Defends Wartime Leadership, Saying Hostage Deal Is Within Reach
News

Netanyahu Defends Wartime Leadership, Saying Hostage Deal Is Within Reach

by New York Times
October 4, 2025

Addressing Israeli citizens on national television Saturday night, Prime Minister Benjamin Netanyahu repeatedly admonished the throngs of protesters who have ...

Read more
News

AP reader question: How does the shutdown affect National Guard troops?

October 4, 2025
News

Man arrested in Limestone County for stealing catalytic converters

October 4, 2025
News

Facing darkness: What no one tells you about haunted houses

October 4, 2025
Fashion

Meghan Markle makes her Paris Fashion Week debut at Balenciaga show in chic all-white ensemble

October 4, 2025
‘One Day in October’ Trailer: Fox Shares First Look At Anthology Series About Oct. 7 Attacks On Israel Ahead Of HBO Max Debut

‘One Day in October’ Trailer: Fox Shares First Look At Anthology Series About Oct. 7 Attacks On Israel Ahead Of HBO Max Debut

October 4, 2025
Police fire water cannon at Georgia protesters near presidential palace

Police fire water cannon at Georgia protesters near presidential palace

October 4, 2025
Fox Host Reveals Stunning Ignorance on U.S. Citizenship

Fox Host Reveals Stunning Ignorance on U.S. Citizenship

October 4, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.