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Rite Aid collapse frees prime real estate as grocery chains move in

Rite Aid, founded in Scranton, closed all of its stores in 2025 after filing for bankruptcy twice. Grocery chains are acquiring many of the vacant, well-located former pharmacy sites.

Published Jun 28, 2026, 8:00 AM EDT | LehighValleyLive

Rite Aid — the Scranton-founded former titan of the pharmacy industry — closed all of its locations in 2025 after filing for bankruptcy. Twice.