For over 60 years, Rite Aid was a titan of the American retail pharmacy landscape. However, between 2023 and 2026, the company underwent a historic transformation, filing for Chapter 11 bankruptcy twice and eventually liquidating its remaining retail assets.
This guide provides the final verified corporate information, the new leadership team that oversaw the wind-down, and details on how customers can still access their records in 2026.
1. Final Rite Aid Corporate Headquarters Information
In 2022, Rite Aid officially moved its headquarters away from the long-standing Camp Hill, PA office to a modern “Collaboration Center” in Philadelphia.
However, following the 2025 liquidation, the physical office footprint has been significantly reduced.
- Final Headquarters Address: 1200 Intrepid Avenue, 2nd Floor, Philadelphia, PA 19112 (The Navy Yard)
- Former Headquarters (Legacy): 30 Hunter Lane, Camp Hill, PA 17011
- Main Corporate Phone: 1-717-761-2633
- Customer Record Inquiry Line: 1-800-RITE-AID (1-800-748-3243)
- Official Website: riteaid.com
2026 Status Note: As of October 2025, Rite Aid closed its final retail locations. The corporate entity remains active only for the purposes of managing legacy liabilities, transferring prescription data to buyers like CVS and Walgreens, and overseeing the final bankruptcy distributions.
2. 2026 Executive Leadership: The Restructuring Team
Below is the team that managed Rite Aid’s 2025–2026 “Rite Aid 2.0” attempt and subsequent liquidation.
- Matt Schroeder – Chief Executive Officer (CEO): Formerly the CFO, Schroeder was appointed CEO in September 2024 to lead the company after its first bankruptcy exit. He oversaw the final sale of assets in late 2025.
- Steve Bixler – Chief Financial Officer (CFO): Managed the complex debt-for-equity swaps and the $2.5 billion exit financing that briefly sustained the company.
- Bruce Bodaken – Chairman of the Board: Provided oversight during the transition from a public company (NYSE: RAD) to a privately held entity owned by former creditors.
3. The 2025–2026 Liquidation: What Happened?
How is it possible that a 60+ year old company had to shutter its final locations?
- The “Chapter 22” Filing: After emerging from its first bankruptcy in late 2024, Rite Aid filed again in May 2025. This “double filing” (often called Chapter 22) occurred because the company could not secure enough trade credit from vendors to restock shelves for the 2025 flu season.
- Asset Sales: In 2025, Rite Aid sold its pharmacy prescription files to CVS Pharmacy, Walgreens, and Wegmans.
- The Elixir Sale: The company’s Pharmacy Benefit Management (PBM) arm, Elixir, was sold to MedImpact for $575 million, separating the digital insurance business from the struggling physical stores.
4. How to Access Your Records in 2026
Since the stores are closed, knowing where to go to get your records or prescriptions is important. Below I will detail where you need to go depending on the info that you are looking for.
| Need | Action / Contact |
| Prescription Transfers | Most files were moved to CVS or Walgreens. Call your local pharmacy to see if they received your records. |
| Tax Records/Flex Spending | Visit the Rite Aid Customer Portal to download historical spending reports. |
| Bankruptcy Claims | If you are a creditor or have a legal claim, visit the Kroll Restructuring Portal. |
5. The Rise and Fall of Rite Aid: A Brief History
- 1962: Founded by Alex Grass as “Thrift D Discount Center” in Scranton, Pennsylvania.
- 1968: The company officially changes its name to Rite Aid and goes public.
- 1981: Rite Aid becomes the third-largest drugstore chain in the US.
- 2007: The acquisition of Brooks and Eckerd pharmacies brings the store count to over 5,000, but also brings massive debt.
- 2015-2018: Failed merger attempts with Walgreens and later Albertsons weaken the company’s market position.
- 2025: The company ceases retail operations after failing to compete with the scale of Amazon and CVS.
6. Careers and Employee Legacy
At its peak, Rite Aid employed over 110,000 people. In 2026, the company no longer has active retail openings.
- Former Employee Support: Former associates looking for W-2s or 401(k) information should contact the Rite Aid Benefits Center at 1-800-245-0333.
- The “Rite Aid Culture”: Even in its final days, Rite Aid was known for its “community-first” approach, often serving neighborhoods that larger chains ignored.
7. Frequently Asked Questions (FAQ)
Is Rite Aid still in business?
No. Rite Aid ceased all retail operations in late 2025 after a final liquidation of its remaining 1,250 stores.
Where can I find my Rite Aid prescriptions?
Most Rite Aid prescriptions were sold to CVS Pharmacy or Walgreens. You should contact the nearest location of those chains to locate your profile.
What happened to the Rite Aid headquarters in Camp Hill?
The company moved to Philadelphia in 2022. The Camp Hill campus was sold as part of the bankruptcy proceedings.
Who owns Rite Aid now?
After exiting its first bankruptcy, Rite Aid was owned by its creditors. Following the 2025 liquidation, the brand name and various assets were sold off to various buyers, and the original corporation is being dissolved.
8. Industry Peers & Competition (Internal Linking)
Though Rite Aid has exited the market, its legacy continues through the rivals that acquired its customers. Explore our guides for these major healthcare entities:
1. CVS Health
CVS acquired hundreds of Rite Aid pharmacy files in 2025. They are currently the largest pharmacy chain in the United States.
- Learn More: CVS Headquarters Information
2. Walgreens Boots Alliance
Walgreens was the primary bidder for many Rite Aid assets over the last decade and continues to operate many former Rite Aid locations.
- Learn More: Walgreens Headquarters Information
3. Amazon Pharmacy (PillPack)
Amazon’s rise in the mail-order pharmacy space was a primary factor in Rite Aid’s declining retail foot traffic.
- Learn More: Amazon Headquarters Information
4. Albertsons (Jewel-Osco / Safeway)
Albertsons nearly merged with Rite Aid in 2018 and eventually acquired many of their Pacific Northwest pharmacy records in 2025.
- Learn More: Albertsons Headquarters Information