Apple announces major store closures and openings
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As the bankrupt drugstore chain continues winding down operations, most of its last remaining stores expected to be closed by the middle of August. If you’ve relied on your local Rite Aid pharmacy to fill your prescriptions,
At Home initially said it would close 10% of its 260 locations during last month's bankruptcy case. Now it has canceled a few of the closings.
Bankrupt pharmacy chain Rite Aid is planning to shutter 114 more locations across the country, including in states such as Pennsylvania, California and New York.
Party City began closing stores in early 2025, putting many of its leases up for bidders. Fabrics giant Joann, meanwhile, filed for bankruptcy in January 2025. Like Party City, it was the company's second foray into bankruptcy.
On a net basis, as of last month store closures are about on par with store openings for the year, said Mark Matthews, executive director of research for the National Retail Federation. Holiday ...