The drug store announced it had filed for Chapter 11 bankruptcy again on May 5, the second time since October 2023, and said it would close over 100 stores. Now, bankruptcy filings have shown that the chain intends to close an additional 316 of the roughly 1,200 still-operating locations.

Rite Aid announced that it had successfully finalized a series of sale agreements and pharmacy services transition agreements.

Bankrupt drugstore chain Rite Aid is moving to immediately close 95 additional locations after selling some of its pharmacy assets.