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Rite Aid Shutters Remaining Stores

Rite Aid Shutters Remaining Stores

by Phil Hall | Oct 6, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The financially troubled Rite Aid pharmacy chain has closed all its remaining stores. Over the weekend, the company posted a message on its website that said, “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support.” The...
Rite Aid Shutters Remaining Stores

Rite Aid Files for Bankruptcy Again, Plans to Close All New York State Stores

by Phil Hall | May 6, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Rite Aid Corporation has filed for bankruptcy for the second time in 18 months. The Philadelphia-headquartered pharmacy chain announced it was “pursuing a strategic and value-maximizing sale process for substantially all of its assets.” The company added that its...
Walgreens Plans to Close a ‘Meaningful Percent’ of Stores

Walgreens Plans to Close a ‘Meaningful Percent’ of Stores

by Phil Hall | Jun 27, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The financially troubled Walgreens pharmacy chain is planning to close a substantial number of its U.S. stores over the next few years. In a Wall Street Journal interview, Walgreens Boots Alliance (NASDAQ:WBA) CEO Tim Wentworth said the company is reviewing roughly...

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