Rite Aid has officially closed all its stores after over six decades in business. The pharmacy chain announced the closure on its website, thanking customers for their support. The company has faced significant financial difficulties and multiple bankruptcy filings in recent years. These challenges were exacerbated by declining sales and numerous lawsuits alleging improper dispensing of painkillers, though Rite Aid has denied wrongdoing. The chain, once the third-largest standalone pharmacy, began as Thrift D Discount Center in 1962.

Prepared by Christopher Adams and reviewed by editorial team.