It’s been almost a year since the last Philly-area Rite Aids closed their doors for good after years of financial trouble.

Retail bankruptcies have spiked this year. UBS analysts say investors should watch these stocks as potential beneficiaries of the trend.

Rite Aid — the Scranton-founded former titan of the pharmacy industry — closed all of its locations in 2025 after filing for bankruptcy. Twice. Many Rite Aids were sold to rival competitors like CVS.

The closures of Rite Aid, Big Lots, JoAnn Fabrics and Party City had a big impact in 2025 on southcentral Pennsylvania. The collapse of Rite Aid, which once called the region home for decades, left ...

STATEN ISLAND, N.Y. — It was a rough year for big-box brands and major department stores, with many U.S. retail chains announcing significant store closures or filing for Chapter 11 bankruptcy over ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Court documents show the region ...

Rite Aid has closed all of its locations across the United States after previously declaring bankruptcy. The former drugstore chain shared the announcement on its website, with a message that read in ...

Rite Aid is closing an additional 28 stores in Pennsylvania, including four in Bucks County, after filing for bankruptcy for a second time, writes Daniel ...

Rite Aid has added an additional seven stores to its closure list since filing for bankruptcy. The seven locations, which are in Washington and Oregon, were mentioned in court records filed on Aug. 29 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The new owners of a former Rite ...

CVS has finished buying customer prescription files from hundreds of closed Rite Aid drugstores and is now running 63 of the defunct chain’s locations. The company said Wednesday that it is operating ...