Posts Tagged: Rite Aid

Six Additional Rite Aid Stores in Philly and Suburbs are Closing

Six Additional Rite Aid Stores in Philly and Suburbs are Closing

The pharmacies at several locations are slated to shut down by the month’s end. The closure includes the Rite Aid at 3000 Reed St. in Grays Ferry, which shut its doors on November 2, 2023. Additionally, three more Rite Aid stores in the city are on track to close soon as part of the company’s… Read more »

Rite Aid Adds Seven More Philly Stores to Bankruptcy Sale

Rite Aid adds 7 more Philadelphia-area stores to bankruptcy sale; 8 other locations no longer available

Philadelphia-headquartered Rite Aid persists in its endeavor to sell off store leases and properties amid Chapter 11 bankruptcy proceedings, expanding its offerings to include seven additional locations in the Philadelphia area, encompassing two stores situated on Broad Street. As of the latest update released on Tuesday, Rite Aid currently lists seven retail leases and six… Read more »

Rite Aid in Philadelphia Files for Bankruptcy

Philadelphia Rite Aid Claims Bankruptcy

Several weeks following the initial presentation of a bankruptcy plan by Rite Aid, which included the closure of numerous stores, the Philadelphia-based pharmacy chain officially filed for Chapter 11 bankruptcy protection on Sunday. This development was largely anticipated. Rite Aid, along with its counterparts such as CVS and Walgreens, has confronted shared challenges in recent… Read more »