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Former Rite Aid Pharmacist Aims to Bring Independent Pharmacy to Coronado

Rite Aid closed over 1,200 stores after filing for Chapter 11 bankruptcy twice, citing opioid lawsuit settlements and rising debt as key factors in its shutdown.

  • Last week, Rite Aid announced all of its stores have now closed, including Maryland locations that shut this summer around the Baltimore area.
  • Earlier this year, the chain filed for Chapter 11 again as mounting debt and opioid-related lawsuits pushed Rite Aid into a second bankruptcy filing.
  • At the time of restructuring filings the chain ran about 1,275 stores and three distribution centers, employing about 24,500 people, and earlier this year closed the Aberdeen distribution center, cutting 363 jobs.
  • For customers, prescriptions were transferred to nearby pharmacies as Rite Aid posted transfer lists online, and some former locations in Berlin reopened under Med One Pharmacy, retaining staff and patient profiles.
  • Competitors moved quickly this year to pick up many locations, as CVS and Walgreens acquired about 1,000 former Rite Aid locations, ending a more than 60-year retail presence and reducing local pharmacy options.
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NBC Dallas-Fort Worth broke the news in Fort Worth, United States on Monday, October 6, 2025.
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