If you have prescriptions at Rite Aid, you could see a big change coming due to another bankruptcy filing from the company. After filing for bankruptcy a second time within two years, Rite Aid stores will now be sold or closed in the next few weeks or months.

After announcing that it would be entering bankruptcy, Rite Aid is now slated to begin a process of auctioning off most of its locations.

Drugstore chain Rite Aid is filing for bankruptcy again, eight months after emerging from a previous Chapter 11 filing in September 2024.