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Tag: Rite Aid

  • Amazon to start offering prescription drugs through vending machines

    Amazon announced it is rolling out “pharmacy kiosks” beginning in December. The self-service kiosks will allow Amazon’s One Medical patients to bypass brick-and-mortar pharmacies and get their prescribed medications at the doctor’s office at the end of their appointment.

    Starting in December, the kiosks will be available at One Medical locations in downtown Los Angeles, West LA, Beverly Hills, Long Beach and West Hollywood, the e-commerce giant said Tuesday.” Kiosks will be added to One Medical offices in other locations, as part of a broader rollout in 2026, according to an Amazon spokesperson.

    “Over time, we see real potential for this technology to extend to other environments — anywhere quick access to medication can make a difference,” the spokesperson said in an email.

    The automated machines will carry hundreds of commonly prescribed medications such as antibiotics, inhalers and blood pressure treatments, as well as flu and allergy medications on a seasonal basis.

    Patients will be able to pick up medications “within minutes” of their appointment by scanning a QR code from the Amazon app, according to the company.

    “We know that when patients have to make a separate stop after seeing their doctor, many prescriptions never get filled,” Hannah McClellan, vice president of operations at Amazon Pharmacy said in a statement. “By bringing the pharmacy directly to the point of care, we’re removing a critical barrier and helping patients start their treatment when it matters most-right away.

    Amazon Pharmacy Kiosks will carry hundreds of commonly prescribed medications such as antibiotics and blood pressure treatments on a seasonal basis

    Amazon


    To get medications through the kiosks, patients must first create an Amazon Pharmacy account, and schedule an appointment at any participating One Medical location. They can then ask their provider to send prescriptions to Amazon Pharmacy. The patient can pay for their medication in the Amazon app.

    Amazon launched Amazon Pharmacy in 2020. The online pharmacy platform lets users buy their medication and order refills on their phones or other devices and have it delivered to their doorsteps. In February 2023, the company acquired One Medical, a membership-based primary care practice with locations nationwide.

    The new vending machine technology comes at an inflection point for brick-and-mortar pharmacy chains, which have been struggling to keep up their sales in recent years. Rite Aid on Saturday announced it was closing all of its remaining stores after filing for bankruptcy.

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  • Rite Aid Closes All Remaining Stores After Bankruptcy

    After a tumultuous last few years, Rite Aid filed again for bankruptcy and then announced that all locations are officially closed

    Once a humble discount center in Scranton, Pennsylvania, Rite Aid grew into one of America’s largest pharmacy chains after its founding in 1962. But decades of mounting debt, shrinking profits, and shifting consumer habits have left the company fighting for survival.

    Like many national drugstore chains, Rite Aid has faced a perfect storm of pressures, including razor-thin margins on prescriptions, mounting legal settlements tied to the opioid crisis, a wave of organized retail theft, and customers increasingly moving to online pharmacies. Even before its first bankruptcy filing, the company was closing stores and cutting costs to stay afloat.

    Rite Aid first sought Chapter 11 protection in October 2023, announcing plans to sell off parts of the business and restructure its operations. Nearly a year later, it reemerged as a private company, but was still far from stable.

    Then, in May 2025, came another blow as Rite Aid revealed it would remain in operation as it re-entered bankruptcy proceedings.

    The chain, which once boasted more than 2,300 stores across 17 states, has since dramatically downsized. Now under the control of its creditors, Rite Aid operates about 1,245 locations in 15 states, less than half its former footprint, scrambling to chart a future in a rapidly changing retail landscape.

    Evelyn Lamond

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  • Rite Aid has closed its final doors after 63 years in business

    Rite Aid has closed its final doors after 63 years in business

    Updated: 10:47 AM PDT Oct 5, 2025

    Editorial Standards

    Rite Aid, once one of America’s biggest pharmacy chains, shuttered its remaining 89 stores this week after filing for bankruptcy in May for the second time in less than two years.”All Rite Aid stores have now closed. We thank our loyal customers for their many years of support,” the company said in a statement on its website.The company’s website, which has since removed all of its services, remains available for former customers to request pharmaceutical records or locate another nearby pharmacy to fulfill prescriptions.The full-service pharmacy first opened in 1962 and became well-known for its cult-favorite ice cream brand, Thrifty, which has since been sold due to the store’s bankruptcy. Rite Aid first filed for bankruptcy in October 2023, largely because of competition from bigger chains and its debt pile, which topped $4 billion due to expensive legal battles for allegedly filling unlawful opioid prescriptions.Rite Aid emerged from that bankruptcy in September 2024, having slashed $2 billion in debt, securing $2.5 billion in funds to maintain operations and closing about 500 locations. In May, Rite Aid had about 1,250 remaining stores, cut by about half from its 2023 operations.The drugstore announced in May that it sold most of its US stores’ pharmacy services to rivals CVS Pharmacy, Walgreens, Albertsons and Kroger, which collectively claimed more than 1,000 locations.It’s a saving grace for former Rite Aid customers, who may have otherwise lost access to their nearest pharmacy. When drugstores permanently close, as has been the trend in recent years, patients often have to travel farther to get their medications, posing a larger risk to older adults.CVS announced in November 2021 that it would close 900 stores by 2024 after it had closed 244 stores between 2018 and 2020. Former Walgreens CEO Tim Wentworth had told the Wall Street Journal last year that about 25% of its stores aren’t profitable, and the company announced in October 2024 that it would close 1,200 stores.

    Rite Aid, once one of America’s biggest pharmacy chains, shuttered its remaining 89 stores this week after filing for bankruptcy in May for the second time in less than two years.

    “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support,” the company said in a statement on its website.

    The company’s website, which has since removed all of its services, remains available for former customers to request pharmaceutical records or locate another nearby pharmacy to fulfill prescriptions.

    The full-service pharmacy first opened in 1962 and became well-known for its cult-favorite ice cream brand, Thrifty, which has since been sold due to the store’s bankruptcy. Rite Aid first filed for bankruptcy in October 2023, largely because of competition from bigger chains and its debt pile, which topped $4 billion due to expensive legal battles for allegedly filling unlawful opioid prescriptions.

    Rite Aid emerged from that bankruptcy in September 2024, having slashed $2 billion in debt, securing $2.5 billion in funds to maintain operations and closing about 500 locations. In May, Rite Aid had about 1,250 remaining stores, cut by about half from its 2023 operations.

    The drugstore announced in May that it sold most of its US stores’ pharmacy services to rivals CVS Pharmacy, Walgreens, Albertsons and Kroger, which collectively claimed more than 1,000 locations.

    It’s a saving grace for former Rite Aid customers, who may have otherwise lost access to their nearest pharmacy. When drugstores permanently close, as has been the trend in recent years, patients often have to travel farther to get their medications, posing a larger risk to older adults.

    CVS announced in November 2021 that it would close 900 stores by 2024 after it had closed 244 stores between 2018 and 2020. Former Walgreens CEO Tim Wentworth had told the Wall Street Journal last year that about 25% of its stores aren’t profitable, and the company announced in October 2024 that it would close 1,200 stores.

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  • Rite Aid closes all stores nationwide



    Rite Aid closes all stores nationwide – CBS News










































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    Rite Aid customers will need to find a new pharmacy after the company announced Friday that it has officially closed all of its stores.

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  • Rite Aid closes all remaining stores after 63 years in business

    (CNN) — Rite Aid, once one of America’s biggest pharmacy chains, shuttered its remaining 89 stores this week after filing for bankruptcy in May for the second time in less than two years.

    “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support,” the company said in a statement on its website.

    The company’s website, which has since removed all of its services, remains available for former customers to request pharmaceutical records or locate another nearby pharmacy to fulfill prescriptions.

    The full-service pharmacy first opened in 1962 and became well-known for its cult-favorite ice cream brand, Thrifty, which has since been sold due to the store’s bankruptcy. Rite Aid first filed for bankruptcy in October 2023, largely because of competition from bigger chains and its debt pile, which topped $4 billion due to expensive legal battles for allegedly filling unlawful opioid prescriptions.

    Rite Aid emerged from that bankruptcy in September 2024, having slashed $2 billion in debt, securing $2.5 billion in funds to maintain operations and closing about 500 locations. In May, Rite Aid had about 1,250 remaining stores, cut by about half from its 2023 operations.

    The drugstore announced in May that it sold most of its US stores’ pharmacy services to rivals CVS Pharmacy, Walgreens, Albertsons and Kroger, which collectively claimed more than 1,000 locations.

    It’s a saving grace for former Rite Aid customers, who may have otherwise lost access to their nearest pharmacy. When drugstores permanently close, as has been the trend in recent years, patients often have to travel farther to get their medications, posing a larger risk to older adults.

    CVS announced in November 2021 that it would close 900 stores by 2024 after it had closed 244 stores between 2018 and 2020. Former Walgreens CEO Tim Wentworth had told the Wall Street Journal last year that about 25% of its stores aren’t profitable, and the company announced in October 2024 that it would close 1,200 stores.

    Auzinea Bacon and CNN

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  • Rite Aid closing all locations after decades in business




































    Rite Aid files for bankruptcy



    Rite Aid files for bankruptcy

    00:21

    Rite Aid is closing all locations, according to a recent post on the U.S. pharmacy chain’s website.

    “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support,” read a post at the bottom of the Rite Aid website.

    CBS News reached out to Rite Aid for comment on Saturday.

    Rite Aid filed for bankruptcy in May, the second such filing in nearly two years. The company also filed for bankruptcy in October 2023 and said at the time that the restructuring would “significantly reduce the company’s debt” while helping to “resolve litigation claims in an equitable manner.” Rite Aid said it planned to close down 154 stores after the filing.

    The company obtained $3.45 billion in fresh financing as it carried out a restructuring plan and dealt with dips in sales and opioid-related lawsuits.

    More than 520 Rite Aid pharmacies have closed since October 2023, which is about a quarter of the 2,111 open at the time of the bankruptcy filing.

    The Justice Department filed a complaint against Rite Aid in March 2023, accusing the company of violating the False Claims Act and the Controlled Substances Act by filling unlawful prescriptions for drugs such as oxycodone, fentanyl and benzodiazepine and ignoring internal red flags about the prescriptions, CBS News reported.

    The website for the company founded in 1962 now only shows a service to help former customers find a new pharmacy and a link to request pharmacy records.

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  • California Rite Aid store taking extreme measures against shoplifting

    California Rite Aid store taking extreme measures against shoplifting

    California Rite Aid store taking extreme measures against shoplifting – CBS News


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    A Rite Aid store in Compton, California, is taking a dramatic step to combat shoplifting by placing nearly all its items behind locked cases, including paper goods and potato chips. Elise Preston has more.

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  • ‘It’s Just Sad’: Drug Store Closures Could Make Some Cleveland Neighborhoods Pharmacy Deserts

    ‘It’s Just Sad’: Drug Store Closures Could Make Some Cleveland Neighborhoods Pharmacy Deserts

    click to enlarge

    Mark Oprea

    Rite Aid’s closure on West 65th, like other pharmacies throughout Cleveland, have rippling effects on nearby residents.

    When the Rite Aid off West 65th St. and Franklin Boulevard announced earlier this summer it would be closing, a small wave of disappointment fell over Christina Keim and Mark Galit.

    Filing and picking up prescriptions would be a bit harder. Grabbing a few pantry items or cleaning supplies would require a 10-minute drive or a 20-minute ride on the 71 bus.

    Not, as it’d been for years, a quick dash down the block.

    “I mean, I can’t tell you the times I walked over there just to grab something like milk, you know,” Keim, 46, a dental hygienist, told Scene from Galit’s porch off West 65th. “Just anything that we needed at that specific time, you know, that you can’t get from Amazon.”

    But reality is soon to set in. That Rite Aid, like two others in Cleveland and others across Northeast Ohio, will close by the end of September, leaving a void and vacant building where thousands of customers once shopped on the regular.

    “It’s just sad in general,” Keim said.

    This is the result, on the ground level, of Pharmaggeddon. Since last fall, big name drug stores—Rite Aid, CVS and Walgreens—have opted to deal with so-called underperforming stores, or bankruptcy in Rite Aid’s case, by pulling out of neighborhoods that apparently couldn’t make profits. Stores mostly in low-income communities.

    In Cleveland, where 20% of residents don’t own a car, the implications of corporate slashing have rippling effects on residents who’ve long relied on them for medications, toiletries or a weekend snack run. Especially for seniors and the disabled.

    “It’s a huge equity issue,” Ward 15 Councilwoman Jenny Spencer, whose ward includes the Franklin Rite Aid, wrote in a statement. “It signals that we’re no longer a fully walkable neighborhood—in a community where many households don’t have access to cars.”

    click to enlarge José Miranda, who's lived in Detroit-Shoreway for the better part of the past 30 years, said Rite Aid's departure will throw off his usual errand running. - Mark Oprea

    Mark Oprea

    José Miranda, who’s lived in Detroit-Shoreway for the better part of the past 30 years, said Rite Aid’s departure will throw off his usual errand running.

    And the probability that another chain will come in to scoop up the empty drug store buildings isn’t very high — the closed CVS on Madison, for example, has sat vacant for years. More are about to join the market.

    “It’s hard, because Cleveland’s not really a growth market,” Ryan Fisher, senior vice president of CRESCO, told Scene. Fisher chalked the exodus up to plain capitalist decisions. Pharmacies are “simply saying, this location doesn’t work for me. I’m either going to not continue on or I’m going to go dark, finish off my lease, and then that will be it.”

    With six-figure rents at most locations, it would take financial help from the city or some kind of landlord subsidy to get a replacement in most cases.

    “Finding somebody else to replace place that rent at that number in Cleveland,” Fisher said, “has been difficult.”

    But the constraints and cold truths of big business mean little to neighbors in the blocks surrounding the Franklin Blvd. Rite Aid, which, as of Thursday, was covered in yellow signs announcing its eminent closure.

    The consensus was apparent: certain items purchased after a walk could be bought elsewhere, via prescription delivery services, via Amazon, via other stores. But for many, there’s the issue of transportation and access. The nearest pharmacies lie either miles away on Clark or on 117th.

    “It’s not as convenient anymore,” David Heil, 70, said from his front door several houses west of Rite Aid. They have lingering questions: What do we do in a minor emergency? Will there be problems with my medical insurance? “TKTK,” he said.

    In statements to Scene, the big three pharmacies pointed to economic conditions stemming from the pandemic as reasons for pulling out of selected blocks over the past three, four years.

    The three CVS closures in Cuyahoga County this year were, a spokesperson said, due to a reassessment of store needs, of “population shifts, consumer buying patterns, a community’s store density.” A spokesperson for Walgreens said that a quarter of its 6,500 stores nationwide will close in the next three years because they are “not contributing to our long-term strategy.”

    And Rite Aid, which confirmed its three recent closures—Clark Ave.’s on August 3, Franklin’s on September 8 and Chester Ave.’s on September 15—blamed the same macro issues.

    “While we have had to make difficult business decisions over the past several months to improve our business and optimize our retail footprint,” a statement to Scene read, “we are committed to becoming financially and operationally healthy.”

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    Mark Oprea

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  • 15 more Rite Aids in Ohio set to close

    15 more Rite Aids in Ohio set to close

    (WJW) – The list keeps growing. Rite Aid announced 15 more stores in Ohio will soon close.

    The latest round of closures adds to the roughly 200 Rite Aid stores nationwide that the company has closed since filing for Chapter 11 bankruptcy protection last year and brings the total of stores closed in Ohio to at least 38.

    The latest Rite Aid stores set to close were announced in court documents filed on Monday, June 17. According to the documents, the list of Ohio store locations includes:

    • 2148 Lake Avenue, Ashtabula, Ohio
    • 1816 E. 2nd Street, Defiance, Ohio
    • 3527 Canfield Road, Youngstown, Ohio
    • 218 Chestnut Street, Coshocton, Ohio
    • 1805 South Limestone Street, Springfield, Ohio
    • 3402 Clark Avenue, Cleveland, Ohio
    • 3362 Navarre Avenue, Oregon, Ohio
    • 2434 West Laskey Road, Toledo, Ohio
    • 1560 Parkman Road NW, Warren, Ohio
    • 1895 West State Street, Alliance, Ohio
    • 242 Lincoln Way West, Massillon, Ohio
    • 722-740 South Main Street, Bowling Green, Ohio
    • 8130 Ohio River Road, Wheelersburg, Ohio
    • 1502 Executive Drive, St. Marys, Ohio
    • 530 W. Market Street, Tiffin, Ohio

    An exact date or time frame for the closures was not provided.

    Impacted customers can find other open and nearby locations, here.

    Danielle Langenfeld

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  • Store closures are surging this year. Here are the retailers shuttering the most locations.

    Store closures are surging this year. Here are the retailers shuttering the most locations.

    Dom’s Kitchen, Foxtrot abruptly close


    Dom’s Kitchen, Foxtrot abruptly close

    02:11

    The retail industry is going through a tough time as it copes with inflation-weary consumers and a rash of bankruptcies, prompting chains to announce the closures of almost 3,200 brick-and-mortar stores so far in 2024, according to a new analysis. 

    That’s a 24% increase from a year ago, according to a report from retail data provider CoreSight, which tracks store closures and openings across the U.S. Although some retailers are planning to expand this year, major chains have announced 4% fewer openings compared with a year earlier, the analysis found. 

    Blame changing consumer habits, as well as retailers’ management struggles and bankruptcies, with the latter impacting companies including Rite Aid and Rue21. The largest number of store closures stems from Dollar Tree’s announcement earlier this year that it plans to close more than 600 Family Dollar locations this year, with the discount store citing the impact of inflation on its customers as well as an increase in shoplifting.

    “A lot of this year’s closures are related to bankruptcies of chains that have been in trouble for a while, like Rite Aid and Rue21,” Neil Saunders, managing director of GlobalData, told CBS Moneywatch. “We’re also seeing several retailers, like Family Dollar, take action to weed out unperforming locations.” 

    Although consumer spending has remained solid this year, there are “pockets of softness creeping in, and retailers want to ensure they are in good financial shape to weather any challenges” Saunders added. “That means optimizing store portfolios.”

    Brick-and-mortar retailers are also struggling with ongoing competition from online rivals such as Amazon.com. 

    By contrast, some companies blundered strategically, such as Express, which filed for bankruptcy last month and announced plans to close 100 of its 500 locations. The clothing chain, known for its workplace fashion, failed to connect with consumers after the pandemic ushered in working from home, Saunders said.

    That put the company “firmly on the wrong side of trends and, in our view, the chain made too little effort to adapt,” he said in a recent research note. 

    Are consumers cutting back?

    Recent data shows that Americans are still opening their wallets. Consumer spending in March rose 0.8% (the most recent data available), which economists say represents solid growth.

    But some signs consumers are starting to fade amid a modest economic slowdown. On Friday, the University of Michigan’s Surveys of Consumer sentiment index for May dropped to 67.4, the largest monthly decline since mid-2021. Confidence is dipping because of expectations for higher inflation and softer growth, said Jeffrey Roach, chief economist for LPL Financial, in an email.

    “Uncertainty about the inflation path could suppress consumer spending in the coming months,” he noted. 

    Consumers have also spent down any remaining extra money they socked away during the pandemic, when federal stimulus checks and other benefits bolstered their bank accounts, Roach said in an earlier report.

    “[T]here are potential risks to consumer spending,” he said. “When households exhaust these accumulated savings, it could lead to a decline in discretionary spending.”

    Even so, some retailers are planning to open hundreds of new stores, CoreSight found. Dollar General, a rival of Dollar Tree, said it will add more than 800 locations this year, putting it at the top of the list of retailers opening new stores this year, according to the research firm.  

    In second place is 7-Eleven, which plans to open more than 270 U.S. locations this year, followed by discount store Five Below, with plans to open 227 outlets, the analysis found.

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  • Rite Aid is closing more than 150 stores. Here’s where they are.

    Rite Aid is closing more than 150 stores. Here’s where they are.

    Rite Aid files for bankruptcy


    Rite Aid files for bankruptcy

    00:21

    Rite Aid plans to shutter 154 stores nationwide as part of its recent bankruptcy filing, including about 40 locations in its home state of Pennsylvania.

    The pharmacy chain listed every location set for closure in bankruptcy court documents filed Tuesday, but didn’t disclose when each store would be shuttered. Rite Aid declared bankruptcy this week amid slumping sales and mounting opioid-related lawsuits

    The company said Tuesday it received $3.45 billion in new financing that will go toward keeping remaining stores open and keeping employees paid while its restructuring moves forward. The bankruptcy process will help Rite Aid emerge “as a stronger company, well-positioned for long-term success,” CEO Jeffrey Stein said. 

    About 30 stores slated for closure are located in California, according to the filing. Other Rite Aid locations that will be closed are in states including Maryland, Michigan, New York and Washington.

    Rite Aid employs 45,000 people, of which more than 6,100 are pharmacists.

    This is a developing story and will be updated. 

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  • Rite Aid Files For Bankruptcy Amid Opioid Lawsuits

    Rite Aid Files For Bankruptcy Amid Opioid Lawsuits

    U.S. pharmacy chain Rite Aid Corp. filed for bankruptcy in an effort to close unprofitable stores, address lawsuits over its role in the opioid pandemic, and rework a debt load of roughly $4 billion. What do you think?

    “The true victims of the opioid epidemic are finally coming to light.”

    Camilla Danner, Relationship Mediator

    “I’d be happy to take some of those pills off their hands if they need to make a quick buck.”

    Alfred Moros, Gandy Dancer

    “Will they still honor my prescription for 500,000 oxy tablets?”

    Santos Turner, Gift Wrapper

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  • Rite Aid files for bankruptcy

    Rite Aid files for bankruptcy

    Rite Aid files for bankruptcy – CBS News


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    Rite Aid filed for bankruptcy Sunday after ballooning debt and opioid-related lawsuits led to a more than 80% drop in stock prices.

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  • Rite Aid files for bankruptcy amid opioid-related lawsuits and falling sales

    Rite Aid files for bankruptcy amid opioid-related lawsuits and falling sales

    Philadelphia — Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits.

    In 2022, Rite Aid settled for up to $30 million to resolve lawsuits alleging pharmacies contributed to an oversupply of prescription opioids. It said it had reached an agreement with its creditors on a financial restructuring plan to cut its debt and position itself for future growth and that the bankruptcy filing was part of that process.

    The plan will “significantly reduce the company’s debt” while helping to “resolve litigation claims in an equitable manner,” Rite Aid said.

    In March, the Justice Department filed a complaint against Rite Aid, alleging it knowingly filled hundreds of thousands of unlawful prescriptions for controlled substances from May 2014-June 2019. It also accused pharmacists and the company of ignoring “red flags” indicating the prescriptions were illegal.

    The Justice Department acted after three whistleblowers who had worked at Rite Aid pharmacies filed a complaint.

    Jeffrey Stein, who heads a financial advisory firm, was appointed Rite Aid’s CEO as of Sunday, replacing Elizabeth Burr, who was interim CEO and remains on Rite Aid’s board.

    Earlier this month, Rite Aid notified the New York Stock Exchange that it was not in compliance with listing standards. During a grace period, the company’s stock continues to be listed and traded.

    The bankruptcy filing in New Jersey and noncompliance with listing standards would not affect the company’s business operations or its U.S. Securities and Exchange Commission reporting requirements, it said.

    Rite Aid said it was arranging for payment of wages and other costs as usual, though some “underperforming” stores among its more than 2,100 pharmacies in 17 states will be closed.

    It earlier reported that its revenue fell to $5.7 billion in the fiscal quarter that ended June 3, down from $6.0 billion a year earlier, logging a net loss of $306.7 million.

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