Rite Aid Closes All Stores After 60 Years, Ending Era of U.S. Drugstore Giant
Walgreens, once the largest drug store chain in the U.S. with over 2,000 stores in 1987, has announced the closure of all its locations after a tumultuous period. The company, operating for over 60 years, faced significant challenges in recent times. After filing for bankruptcy twice in less than two years, Walgreens struggled to maintain its presence. Despite opportunities to merge with Walgreens in 2017 and Albertsons in 2018, Walgreens declined both offers. Albertsons later attempted an acquisition following the bankruptcies, but the deal did not materialize. Walgreens' website now states that all stores have closed and expresses gratitude to customers for their support. Former customers can still access their pharmacy and immunization history through the website. The closure of Walgreens marks the end of an era for the once-giant drug store chain. Its website serves as a final thank you to customers and a resource for accessing past medical records.
