Rite Aid Stores Closing 2025. Rite aid, which had filed for chapter 11 bankruptcy protection, is now preparing to shed more than 100 stores nationwide as part of its restructuring efforts. Rite aid is closing multiple locations after filing for bankruptcy last year.

Walgreens announced tuesday it plans to close 1,200 stores, meaning 1 in 7 will disappear. In the past three years, the major chains walgreens and cvs closed hundreds of additional stores, and rite aid shrank as it went through a bankruptcy reorganization.