Major nationwide pharmacy to shut ALL of its stores within weeks causing prescription chaos for thou

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Major nationwide pharmacy to shut ALL of its stores within weeks causing prescription chaos for thousands

Daily Mail
By SADIE WHITELOCKS
6 May 2025



Rite Aid is predicted to shut hundreds of stores within weeks after filing for bankruptcy for the second time in less than two years.

It operated about 2,000 pharmacies in 2023 but now has only 1,240 stores across the US with recent closures significantly reducing its presence in markets such as Ohio and Michigan.

Pennsylvania, California, New York, New Jersey and Washington were among the other states to take a hit.

While the Philadelphia headquartered public company looks for a new buyer, it says it has secured $1.94 billion in financing to keep stores operational during the transition period.

It is unknown how many stores are set to close, but the business says that it is looking to sell of all of its 'prescriptions, pharmacy and front-end inventory, and other assets'.

The announcement has triggered panic among those with existing prescriptions, but Rite Aid notes in a letter to customers that 'the majority of our stores will remain open and operating for the next few months where you can continue to access pharmacy services and products in stores and online, including prescriptions and immunizations'.

The news of potential store closures has exacerbated concerns about the emergence of 'pharmacy deserts'.

These refer to areas where residents lack access to a local pharmacy to fill their prescriptions, leaving them without a convenient and reliable source for essential medications, according to US lawmakers and trade groups including the National Community Pharmacists Association.

(more)
https://www.dailymail.co.uk/health/article-14684963/nationwide-pharmacy-shut-stores-prescription-chaos.html

[mystery-ak]

Our RiteAid here closed several years ago...they were located across the street from WalMart, Kroger  and Walgreens that all had pharmacies...

[Wingnut]

The bigger they are the harder they fall.  They did this to themselves when they bought out all the players to try and be the only shop in town.  Time to bring back the old Rexall family owned drug stores.

[Polly Ticks]

The bigger they are the harder they fall.  They did this to themselves when they bought out all the players to try and be the only shop in town.  Time to bring back the old Rexall family owned drug stores.

Sadly, our local Butt Drugs closed their doors a couple of years ago.  Super nice family, and hilarious commercials.

[Drago]

At least the Thrifty Drug Ice Cream survives (Thrifty Drug was a West Coast Rx chain, Rite-Aid purchased them).

https://www.thriftyicecream.com