Rite Aid to close more than 300 stores
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With Rite Aid closing stores and looking to sell its assets as part of its bankruptcy filing, the future of the ice cream brand it bought in 1996 is unclear.
13don MSN
Rite Aid plans to close hundreds of its U.S. pharmacies but said it would sell some in the Pacific Northwest to CVS Pharmacy. The Philadelphia-based Rite Aid has faced a slew of financial troubles over the past two years. The company first filed for Chapter 11 bankruptcy in 2023, after which it shuttered hundreds of stores nationwide.
Rite Aid is closing Idaho stores and selling prescriptions to CVS, Albertsons, and others. Customers can expect closures within months.
The location is among 151 new store closures announced Friday, bringing the total to more than 360 stores marked for shutdown as the pharmacy chain navigates bankruptcy.