After announcing that it would be entering bankruptcy, Rite Aid is now slated to begin a process of auctioning off most of its locations.

Drugstore chain Rite Aid is filing for bankruptcy again, eight months after emerging from a previous Chapter 11 filing in September 2024.

As it negotiates with potential buyers, the pharmacy chain has identified 47 locations in nine states that it said were not worth keeping open. After filing for Chapter 11 bankruptcy protection for a second time this week,