All articles tagged with #pharmacy chain
Rite Aid, once a major U.S. pharmacy chain, has closed its final stores after multiple bankruptcies and failed recovery efforts, significantly reducing its footprint and raising concerns about access to pharmacies in underserved areas.
Rite Aid is closing 53 stores this month, including 13 in New York state, as part of its ongoing restructuring efforts following Chapter 11 bankruptcy. The affected locations include stores in Amherst, Buffalo, Lockport, and Tonawanda. The pharmacy chain has closed or announced closures at about 500 stores since filing for bankruptcy, with falling sales and opioid-related lawsuits contributing to the decision.