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Rite AidBankruptcy

Closed Rite Aid stores get surprising retail replacement.

What happened

Rite Aid Corporation declared bankruptcy under Chapter 11 on Jul 1st '25.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Closed Rite Aid stores get surprising retail replacement. By Aparajita Chatterjee TheStreet Updated June 13, 2026 9:41 AM Gift Article When Rite Aid, a major pharmacy retailer, filed for Chapter 11 bankruptcy a second time in 2025, it led to the shuttering of its 1,250 locations. Over time, many were sold to competitors like CVS and Walgreens, and some spaces were taken up by retailers such as Kroger and Albertsons. But some of these large vacant pharmacies quickly became an inconvenience to nearby residents, because they attracted squatters, illegal activity, or simply became eyesores due to a lack of maintenance. And for landlords, it meant a large retail space wasted in a location that was already built around daily customer traffic. Now, much to the relief of nearby residents and businesses, some of those empty drugstore spaces are finding a new use. Most recently, Amazon's Whole Foods Market has signed a lease for a former Rite Aid location at 182 Smith Street in Brooklyn, near the border of Cobble Hill and Boerum Hill, according to Crain's New York Business. The space is about 35,000 square feet and was recently vacated by Rite Aid following the pharmacy chain's bankruptcy-related closures. There is no official timeline for construction or an opening date yet. The move gives Amazon-owned Whole Foods another New York City expansion site and shows how retailers...

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Extracted by Autobound

From the Signal API record
Event
Bankruptcy

What this signalsA bankruptcy often puts contracts and vendors up for review.

Takes effect
Jul 1, 2025
Location
Placerville, California, United States

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The full record

From the Signal API record

Details

Category
Declares bankruptcy

Extraction

Confidence
63%
Detected
Jun 13, 2026
signal_type
news
signal_subtype
declares_bankruptcy

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This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/a24f933d-7c90-41bd-b4e5-583c195aa62f returns this record as JSON. POST /v1/companies/enrich returns every signal for riteaid.com.

{
  "signal_id": "a24f933d-7c90-41bd-b4e5-583c195aa62f",
  "signal_type": "news",
  "signal_subtype": "declares_bankruptcy",
  "detected_at": "2026-06-13T13:33:00+00:00",
  "company": {
    "name": "Rite Aid",
    "domain": "riteaid.com"
  },
  "data": {
    "url": "https://www.heraldonline.com/news/business/article316115015.html",
    "title": "Closed Rite Aid stores get surprising retail replacement.",
    "excerpt": "Closed Rite Aid stores get surprising retail replacement.\n\nBy Aparajita Chatterjee TheStreet\n\nUpdated June 13, 2026 9:41 AM Gift Article\n\nWhen Rite Aid, a major pharmacy retailer, filed for Chapter 11 bankruptcy a second time in 2025, it led to the shuttering of its 1,250 locations.\n\nOver time, many were sold to competitors like CVS and Walgreens, and some spaces were taken up by retailers such as Kroger and Albertsons.\n\nBut some of these large vacant pharmacies quickly became an inconvenience to nearby residents, because they attracted squatters, illegal activity, or simply became eyesores due to a lack of maintenance.\n\nAnd for landlords, it meant a large retail space wasted in a location that was already built around daily customer traffic.\n\nNow, much to the relief of nearby residents and businesses, some of those empty drugstore spaces are finding a new use.\n\nMost recently, Amazon's Whole Foods Market has signed a lease for a former Rite Aid location at 182 Smith Street in Brooklyn, near the border of Cobble Hill and Boerum Hill, according to Crain's New York Business.\n\nThe space is about 35,000 square feet and was recently vacated by Rite Aid following the pharmacy chain's bankruptcy-related closures. There is no official timeline for construction or an opening date yet.\n\nThe move gives Amazon-owned Whole Foods another New York City expansion site and shows how retailers...",
    "summary": "Rite Aid Corporation declared bankruptcy under Chapter 11 on Jul 1st '25.",
    "category": "declares_bankruptcy",
    "found_at": "2026-06-13T13:33:00Z",
    "location": "Placerville, California, 95667, United States, Northern America, Americas",
    "planning": false,
    "image_url": "https://www.mcclatchy-wires.com/public/incoming/c3nhbr/picture316114987/alternates/LANDSCAPE_1200/e567519f-a947-4b0e-84a0-26201b679d44",
    "confidence": 0.6258,
    "published_at": "2026-06-13T13:33:00Z",
    "location_data": [
      {
        "city": "Placerville",
        "state": "California",
        "region": "Northern America",
        "country": "United States",
        "zip_code": "95667",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2025-07-01",
    "article_sentence": "When Rite Aid, a major pharmacy retailer, filed for Chapter 11 bankruptcy a second time in 2025, it led to the shuttering of its 1,250 locations."
  }
}

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