The drug store announced it had filed for Chapter 11 bankruptcy again on May 5, the second time since October 2023, and said it would close over 100 stores. Now, bankruptcy filings have shown that the chain intends to close an additional 316 of the roughly 1,200 still-operating locations.

The bankrupt drugstore chain continues to put its physical stores on the chopping block after unloading a substantial chunk of its pharmacy business. Rite Aid is moving quickly to close additional store locations after selling a substantial chunk of its pharmacy business to other companies last week.

Rite Aid announced that it had successfully finalized a series of sale agreements and pharmacy services transition agreements.