CVS, Walgreens and Rite Aid are all set to close stores. Hundreds have already shuttered.

It has been a rough stretch for large pharmacy chains.

CVS, Walgreens and Rite Aid are all in the midst of mass closures, and Rite Aid recently filed for bankruptcy for the second time in as many years.

Mass closures extend beyond the retail pharmacy space, however, as other companies such as Forever 21, Joann, Macy’s, Denny’s, Bahama Breeze and more have announced locations would shutter this year.

Here’s the latest on pharmacy chains CVS, Walgreens and Rite Aid, including how many stores each company is planning to close.

Rite Aid announced it had filed for Chapter 11 bankruptcy again on May 5, the second time since October 2023. Bankruptcy filings have identified 316 store locations Rite Aid has tapped for closure.

On May 15, Rite Aid said it “successfully entered into a series of sale agreements and pharmacy services transition agreements,” which would include transitioning pharmacy assets from locations across the U.S. to CVS Pharmacy, Walgreens, Albertsons, Kroger, Giant Eagle and other operators. Rite Aid and Bartell Drugs stores in some states will also be operated by CVS Pharmacy as part of the sale agreements, which were approved on May 21 in the U.S. Bankruptcy Court of New Jersey, according to Rite Aid’s bankruptcy docket.

During the transition of prescription files, Rite Aid said its stores will remain open and customers can continue to access their pharmacy services, including prescription refills and immunizations. Before the bankruptcy filing, Rite Aid operated 1,240 stores across 15 states.

“A key priority for Rite Aid is to ensure that as many of our loyal customers as possible continue to receive the pharmacy services and care they require without interruption,” Matt Schroeder, CEO of Rite Aid, said in a statement. “These agreements ensure our pharmacy customers will experience a smooth transition while preserving jobs for some of our valued team members.”

Rite Aid has buyers for customer files at 810 of its stores, but did not find a buyer for files at 200 other locations, according to Reuters. While the deadline to enter bids for Rite Aid’s pharmacy assets (May 13) has passed, the deadline to enter bids for the chain’s remaining assets, including the Thrifty Ice Cream business, is June 13, with an auction date set for June 20.

Rite Aid closures: More than 300 Rite Aid stores now slated to close: Here’s the complete list

Walgreens Boots Alliance announced in October 2024 its plans to close approximately 1,200 stores across the United States as the pharmacy chain struggles with slumping consumer spending.