Major Pharmacy Closing More PA Locations Amid Bankruptcy, New Report Says

PENNSYLVANIA — The latest round of Rite Aid location closures have been disclosed in federal bankruptcy court filings, with 125 occurring nationwide.

Nineteen are in Pennsylvania.

Rite Aid filed for bankruptcy on May 4 for the second time in less than two years after the previous restructuring lessened the pharmacy chain's debt but still left it on unsound financial footing.

This latest batch of announced closures brings the total number of locations shutting their doors at around 700 throughout the United States, approximately half of the 1,240 retail stores that will be listed for sale.

Rite Aid first filed for bankruptcy restructuring in 2023, after the Philadelphia-based company had been struggling with losses for years. This time around it doubled down, citing its “only viable path forward” was a return to Chapter 11 bankruptcy proceedings.

Specific dates as to when the latest stores will be closed were not revealed, but certain individual locations have announced the timing. For example, a Rite Aid in Pittsburgh's Squirrel Hill section will shutter on June 25.

The latest Pennsylvania locations that will close, according to The Hill:

• Boothwyn: 3120 Chichester Avenue
• Chesterbrook: 500 Chesterbrook Blvd Ste 2
• Clarks Summit: 1050 Northern Boulevard
• Downingtown: 1249 Horseshoe Pike
• Greensburg: 685 North Main Street
• Harrisburg: 2604 Linglestown Road
• Hazleton: 1000 North Church Street
• Hershey: 337 West Chocolate Avenue
• Huntingdon Valley: 2182 County Line Road
• Lansdale: 1856 North Broad Street
• Lemoyne: 1137 Market Street
• Nazareth: 102 Easton Road
• Olyphant: 1650 Main Street
• Plains: 20 South River Street
• Philadelphia: 6515 Castor Avenue
• Pottstown: 340 East High Street
• Red Lion: 3205 Cape Horn Road
• Uniontown: 575 Morgantown Road
• West Chester: 1535 West Chester Pike

Rite Aid has begun the process of transferring customer prescriptions elsewhere as the chain winds down operations. Before the bankruptcy declaration, Rite Aid had eight million pharmacy customers.

Rite Aid said customers can continue to access pharmacy services and products in stores and online, including prescriptions and immunizations. In connection with the sale process and court-supervised proceedings, the company said it is working to facilitate a smooth transfer of customer prescriptions to other pharmacies.

Rite Aid Rewards points are no longer being issued, and existing points and bonus cash will also expire per the terms and conditions.

The development comes as other pharmacy chains, including Walgreens and CVS, have announced changes as well.

CVS Health is also set to shutter close to 300 of its United States locations in 2025 as part of an "enterprise-wide restructuring plan intended to streamline and simplify the organization." This is in addition to the total of 900 locations that were already closed between 2022 and 2024.

Walgreens, which has more than six times as many stores as Rite Aid, was acquired in March by the private equity firm Sycamore Partners.