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CVS is closing 900. Rite-Aid is closing 500. What is going on with America’s drug stores? ... Roughly one out of every eight pharmacies closed between 2009 and 2015, ... The Weather Channel.
The chain sought government aid to stay afloat for some of 2020 but filed for Chapter 11 bankruptcy, citing "significant financial distress" caused by both COVID-19 and customers' changing buying ...
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. ... For more CNN news and newsletters ...
Going into 2024, Rite Aid announced that it would close an additional 77 locations. [255] 53 more stores were added to the closing list in April 2024. [256] Additional closures continued, nearly fully eradicating the pharmacy's presence in Michigan and Ohio. [257] In September 2024, Rite Aid emerged from bankruptcy as a privately-owned company ...
A List of Rite Aid's 2024 Store Closings: Here is a list of the Rite Aid store closure this year, confirmed by the company. Note: This list will be updated as more store closures are officially ...
Is Rite Aid open on New Year's Day? Rite Aid lists its stores as being open from 9 a.m. to 5 p.m. on New Year's Day but its pharmacies will be closed.
Rite Aid is in much worse financial shape than its competitors. Over the past six years, Rite Aid has tallied nearly $3 billion in losses and its stock is down more than 90% for the year.
CVS, the largest US chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores by 2024. Walgreens said in 2019 it would close 200 stores and in June announced ...