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Rite Aid to close 2 NJ stores in first round of shutdowns

Summary by NJBIZ
The basics: Rite Aid to close two New Jersey stores in May NJ workforce to lose 1,122 jobs as part of mass layoffs Nearly all 1,240 stores across 15 states are up for auction Bankruptcy court approves expedited sale of pharmacy assets At least two Rite Aid stores in New Jersey will be among the first round of closures connected to the retail pharmacy chain’s recent Chapter 11 bankruptcy. Just a day after its May 5 filing in U.S. Bankruptcy Cour…
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NJBIZ broke the news in on Monday, May 12, 2025.
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