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Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [1] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with nearly 1,300 stores in 16 U.S. states, primarily on the East and West coasts.
By 2023, five locations in Seattle had been closed by Rite Aid, including a flagship store in the Chinatown–International District neighborhood. [ 16 ] [ 17 ] A sixth Seattle store in Lower Queen Anne , the chain's only 24-hour pharmacy in the city, closed in September 2023.
In late 2010, Rite Aid became a licensed Save A Lot operator when it converted 10 of its existing pharmacies in the Greenville, South Carolina, area to co-branded "Save A Lot/Rite Aid" units. [5] In September 2012, Supervalu announced it would close 22 Save A Lot stores in seven states.
Rite Aid said in the bankruptcy filing that it suffered roughly $2.9 billion in losses over the past six years. As part of a financial restructuring, the company said it is terminating leases for ...
Rite Aid stores and pharmacies will be closed on December 25, 2023. A representative from Rite Aid told Country Living, "This is the first year our stores will be closed on Christmas Day.
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