A popular pharmacy chain announced it's adding 68 more locations to a list of closures in a May 9 filing in the U.S. Bankruptcy Court for the District of New Jersey.
Just last week, on May 5, 2025, Rite Aid, which currently operates 1,240 stores across 15 states, announced it had begun Chapter 11 bankruptcy proceedings and would soon begin a process of selling and closing stores. In a new release revealed by USA Today, the company revealed customers would still be able to access pharmacy services as it works "to facilitate a smooth transfer of customer prescriptions to other pharmacies."
"As we move forward, our key priorities are ensuring uninterrupted pharmacy services for our customers and preserving jobs for as many associates as possible," Rite Aid CEO Matt Schroeder said in the news release. He went on to pinpoint financial challenges that were "intensified by the rapidly evolving retail and healthcare landscapes" in the filing with the state of New Jersey.
Rite Aid's website contains a telling statement that sits front and center:
Beginning, May 6, 2025, Rite Aid Rewards points will no longer be issued for qualifying purchases. All accrued points and BonusCash will expire per standard terms & conditions available at riteaid.com/rewards/terms-and-conditions. Rite Aid will no longer honor Rite Aid gift cards or accept any return or exchanges beginning June 5, 2025."
According to USA Today, the company is closing stores across seven different states: California, New Hampshire, New York, Oregon, Pennsylvania, Virginia and Washington, with the majority coming from Pennsylvania.