US corporate bankruptcy has reached its highest level since the Great Recession
In the first three months of 2025, the number of companies filing for bankruptcy in the United States since 2010 was the highest.
Straight Arrow News
Rite Aid announced it plans to close 115 stores as part of the Chapter 11 bankruptcy proceedings that began earlier this month.
The company issued 47 closed stores slates in its first filing in the US Bankruptcy Court for the District of New Jersey, adding 68 more locations on May 9th.
The closure represents just under 10% of the 1,240 Rite Aid-operated 1,240 stores, affecting 10 of the 15 states operating.
In a news release announcing the bankruptcy, the pharmacy chain said “we are working to promote the smooth relocation of customer prescriptions to other pharmacies.”
According to Bankruptcy Docket, the deadline for entering bids for the chain’s pharmacy assets will be set for May 13th, with auctions being held on May 14th if necessary. The deadline for entering bids for remaining assets, including the Thrifty ice cream business, is June 13th, with an auction date set for June 20th.
“As we move forward, our key priority is to ensure uninterrupted pharmacy services for our customers and preserve as many fellow work as possible,” Rite Aid CEO Matt Schroeder said in the release.
I know that Rite Aid is a closed location.
Where is Rite Aid closed?
Pennsylvania has most locations scheduled to close, with 52 stores set to shutter.
The company states it plans to close 21 locations in California and 12 locations in Oregon. The rest of the 30 stores spans seven states.
The company did not immediately respond to requests for comment regarding the May 13 store closure.
To see if Rite Aid is included in the closure, click on the status name to go directly to the status, or scroll through the list below.
California | Connecticut | Massachusetts | New Hampshire | New Jersey | New York | Oregon | Pennsylvania | Virginia | Washington
- 1534 East Florence Avenue, Los Angeles
- 446 East Washington Boulevard, Los Angeles
- 23 Peninsula Center, Rolling Hills Estate
- 1331 Wilshire Boulevard, Santa Monica
- 501 South Gaffe Street, San Pedro
- 3300 Eastanaheim Street, Long Beach
- 4840 Niagara Avenue, San Diego
- 34420 Yukaipa Boulevard, Yukaipa
- 6150 Van Buren Boulevard, Riverside
- 4920 La Sierra Avenue, Riverside
- 211 East 17th Street Costa Mesa
- 1203 West Imora Avenue, Napa
- 1550 Hamilton Avenue, San Jose
- 720 Sutton Way, Grass Valley
- 220 West East Avenue, Chico
- 1038 East Colorado Boulevard, Pasadena
- Sacramento Road Paso 2751
- 32450 Clinton Keith Road, Wildmer
- 4774 West Lane, Stockton
- 3860 Sepulveda Boulevard, Torrance
- 5075 Olive Herst Avenue, Olive Herst
- 180 Main Street, Cheshire
- 56 Rubber Avenue, Naugatuck
- 113-115 Mill Plain Rd. , Danbury
- 75 Portsmouth Avenue Unit 1, Exeter
- 354 Winchester Street, Keene
- 19 Wilton Road Ste 1A, Peterborough
- 360 Summer Street, Bristol
- 41 Carroll Street, Pittsfield
- 75 South Main Street, Neptune
- 403 Sicklerville Road, Sicklerville
- 5901 Bay Parkway, Brooklyn
- 55-60 Myrtle Avenue, Ridgewood
- 8222 18th Avenue, Brooklyn
- 50-15 Roosevelt Avenue, Woodside
- 10601 60-26 Woodside Avenue, Woodside
- 9 Broad Street, Salamanca
- 1070 Genesee Street, Buffalo
- 1400 West 6th Street, The Dalles
- 514 NE 181st Avenue, Portland
- 2521 South Six Street, Klamath Falls
- 700 SE 3rd Street, Bend
- 728 Southwest 4th Avenue, Ontario
- 4041 NW Logan Road, Lincoln City
- 2049 West Cascade Avenue, Hood River
- 178 West Ellendale Avenue, Dallas
- 1217 Campbell Street, Baker City
- 44 Michigan Avenue Ne, Bandon
- 313 South Roose Belt Drive, Seaside
- 626 McClaine St., Silverton
- 209 Atwood Street, Pittsburgh
- 304 Market Street, Harrisburg
- 3773 Peters Mountain Rd. , Halifax
- 843 Lost Rubber Road, Belvernon
- Pittsburgh INTL Airport, Pittsburgh
- 400 West Second Street, Berwick
- 1039 Second Way Pike, Rich Roll
- 23 North Elm Street, Katztown
- 805 Huntingdon Pike, Huntingdon Valley
- 6 Bochicchio Boulevard, Moscow
- 601 Delaware Avenue, Palmerton
- 315 West Fourth Street, Quarryville
- 2201 West Allegheny Ave., Philadelphia
- 10 Newport Plaza, Newport
- 801 Glow Avenue, Montrose
- 2503-05 Wales Road, Philadelphia
- 5 Friendly Drive, Duncanon
- 260 Westly High Avenue #80, Philadelphia
- 3145 Main Street, Morgantown
- 205 Center Street, Tamakua
- 9635 William Penn Highway, Huntingdon
- 15 West Centre Street, Mahanoi City
- 4530 North 5th Avenue, Philadelphia
- 101 East Shirley Street, MT Union
- 4390 Richmond Street, Philadelphia
- 5201 Spring Road Suite 6, Shermans Dale
- 126 W. Main Street, Grove City
- 111 North Plaza, Apollo
- 5214-30 Baltimore Avenue, Philadelphia
- 1941, Harrisburg, Delhi Street
- 5400 Rising Sun Avenue, Philadelphia
- 901 S Saint Marys Street, Saint Marys
- 200 Resort Plaza Drive, Blairsville
- 630 Main St., Portage
- 207 Route 6 West, Couchersport
- 838 Fifth Avenue, Ford City
- 620 E Allegheny Avenue, Emporium
- 100 Third Street, Lake Coneaut
- 200 Memorial Boulevard, Connellsville
- 59 North Main Street, Port Allegane
- 610 Broad Street, New Bethlehem
- 1340 Main Street, Burget Town
- 1365 Logan Avenue, Tyron
- 1212 Second Street, Cresson
- 201 West Mahoning Street, Punx Sutawney
- 165 Butler Road, Kitanning
- 100 Franklin Street, Mercer
- 1222 Brownsville Road, Pittsburgh
- 521 North Flery Street, Kane
- 3939 Butler Street, Pittsburgh
- Union City, East High Street
- 2150 Brownsville Rd Ste120, Pittsburgh
- 115 Brunswicks Square Court, Lawrenceville
- 144 Scottsville Centre, Scottsville
- 4171 Lee Jackson Hwy, Ste 113, Greenville
- 200 Augusta Avenue, Cave
- 250 Basin Street SW, Ephrata
- 248 Bendigo Blvd, S NorthBend
- 27,000 miles, Mr. Kingston
- 909 East Yelm Avenue, Yelm
- 608 W. Stanley Street, Granite Falls
- 609 Omache Drive, Omak
- 35013 Snoqualmie Pkwy, Snoqualmie
- 1517 Commercial Ave., Anacortes
