Rite Aid 101

Rite Aid Bankrupt: What Happened and What It Means for Customers

In 2025, Rite Aid declared bankruptcy for the second time in less than two years. The decision to file for Chapter 11 came after prolonged financial struggles, store closures, and mounting debt. Now, with the company officially shutting down all operations—including online sales and pharmacy locations—Rite Aid has become one of the most notable pharmacy chains in the U.S. to collapse in recent years.

This Rite Aid bankrupt situation affects millions of former customers across the country. All physical stores are being permanently closed, and no new online orders are being accepted. Prescription files from over 1,000 locations are being transferred to competitors such as CVS, Walgreens, Kroger, and Giant Eagle to ensure continuity of care. If you previously filled prescriptions at Rite Aid, your information may already be on its way to a new provider.

As part of the shutdown process, Rite Aid Rewards points and BonusCash were discontinued on May 6, 2025, and all gift cards and return policies expired on June 5, 2025. Customers are no longer able to use these services either in-store or online.

The Rite Aid bankrupt story marks a major shift in the pharmacy landscape. While the company once operated thousands of locations, a combination of market pressures, shifting consumer habits, and financial mismanagement ultimately led to its closure.

If you’re looking for Rite Aid products or prescription services, we recommend checking with your local CVS or Walgreens. You may also want to contact your healthcare provider to confirm where your prescriptions have been transferred.

Rite Aid is no longer in operation and will not reopen. This page remains as a reference for customers affected by the company’s closure.

Rite Aid Bankruptcy 2025: All Stores Closing & What to Know Now