After decades in business, Rite Aid makes a major move amid bankruptcy

World news 126237873, article October 6, 2025

Rite Aid has shuttered all of its stores after more than six decades in business.

The pharmacy chain made the announcement in a post on its website, stating, “All Rite Aid stores have now closed. We thank our loyal customers for their many years of support.”

ABC News has reached out to the company for comment, but did not immediately hear back.

Despite its long history in the pharmacy industry, Rite Aid has faced mounting financial challenges in recent years. The company most recently filed for bankruptcy protection in May, just eight months after emerging from a previous Chapter 11 filing in September 2024.

At the time, Rite Aid — which operated more than 1,200 stores across 15 states from California to Vermont — said it planned to keep stores open while selling off assets to avoid disrupting customers’ prescription services.

The company also announced it had secured $1.94 billion in new financing from existing lenders to stay operational during bankruptcy proceedings.

A Rite-Aid is seen on October 16, 2023 in the Crown Heights neighborhood of the Brooklyn borough of New York City.

Michael M. Santiago/Getty Images

Rite Aid had first filed for Chapter 11 bankruptcy in October 2023, allowing it to reduce billions in debt and close hundreds of underperforming stores. Alongside declining sales, the company has also faced more than 1,000 federal, state, and local lawsuits alleging its pharmacies improperly filled prescriptions for painkillers, according to the New York Times.

In March 2023, the U.S. Department of Justice filed a complaint accusing Rite Aid of filling “unlawful prescriptions for controlled substances” that showed multiple red flags for misuse — allegations the company has denied.

As part of its first bankruptcy reorganization, Rite Aid reached a settlement with the Justice Department in June 2024 resolving those allegations under the False Claims Act and Controlled Substances Act. Under the settlement, the company agreed to pay the government $7.5 million and have a general unsecured claim in Rite Aid’s bankruptcy case, which are being handled through the court process. Rite Aid did not admit to any wrongdoing.

The company’s second bankruptcy filing in May 2025 paused most of the remaining opioid-related lawsuits including cases brought by state and local governments as well as individual plaintiffs which are now being handled through the bankruptcy’s claims process while Rite Aid works through its wind-down plan — a plan that remains under court review amid ongoing objections from the U.S. Trustee.

Rite Aid has denied the allegations in those lawsuits and in a statement in 2023 said it sought an “equitable” resolution of opioid claims through the Chapter 11 process.

Founded in 1962 as Thrift D Discount Center in Scranton, Pennsylvania, Rite Aid grew into the nation’s third-largest standalone pharmacy chain before its final closure.

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Students at an Oklahoma high school crowned their principal prom king after he charged, disarmed and was shot by an armed intruder at their campus.

Kirk Moore, the Pauls Valley high school principal, received the honor on Friday night after his students voted to honor him for having defended them.

“Ladies and gentlemen, our king,” an announcer declared at the Pauls Valley high school prom.

Video of the scene showed students cheering and celebrating as Moore received the honor, with a couple high-fiving him in congratulations. One clip showed him walking in to sound of the Nickelback song Hero, the hit theme of the 2002 film Spider-Man.

Right after someone put a crown on Moore’s head, part of the song’s chorus blared on the video: “And they say that a hero can save us / I’m not going to stand here and wait.”

The jubilant moment punctuated a sequence of events that began with the attack in which Moore intervened at about 2.30pm on 7 April at Moore’s school about 60 miles (96.6km) south of Oklahoma City, a sworn police document states.

According to investigators, the alleged attacker, Victor Lee Hawkins, had two semi-automatic handguns and fired several shots before he was disarmed by Moore and another school staff member who arrived to help. School surveillance video captured the intrusion.

Hawkins “entered the school, pointed his pistol, and yelled for everyone to get on the ground”, special agent Meric Mussett of the Oklahoma state bureau of investigation wrote in the sworn police statement.

The statement added that the alleged shooter pointed the gun at a female student in the lobby and pulled the trigger, but the weapon malfunctioned.

“Hawkins then stepped out from behind the vending machine and pointed his gun at a male student in the foyer,” Mussett’s statement said. “Principal Moore then came out of his office and charged at Hawkins.”

Moore was shot in the leg as he wrestled the attacker, a 20-year-old described in court documents as being obsessed with the 1999 shooting at Colorado’s Columbine high school in which 12 students and one teacher were killed.

Authorities praised Moore’s actions, saying he prevented a tragedy and possible mass shooting at his school.

“It doesn’t surprise me the actions that he took, but it is amazing, the actions that he took,” Don May, Pauls Valley’s police department chief, told NBC News. “There’s not a doubt in my mind that he saved kids’ lives.”

Investigators said the alleged attacker was a former Pauls Valley high school student.

Moore said in a statement reported by NBC that he was grateful for “an outpouring of love and support” after the attack that he thwarted.

“Like so many educators around the country, we prepare for these events through training and careful assessment of the threats,” Moore said. “I am grateful that my instincts and training, as well as God’s hand, were available to me.”

#Oklahoma #principal #disarmed #gunwielding #intruder #crowned #prom #king">

Oklahoma principal who disarmed gun-wielding intruder crowned prom kingStudents at an Oklahoma high school crowned their principal prom king after he charged, disarmed and was shot by an armed intruder at their campus.Kirk Moore, the Pauls Valley high school principal, received the honor on Friday night after his students voted to honor him for having defended them.“Ladies and gentlemen, our king,” an announcer declared at the Pauls Valley high school prom.Video of the scene showed students cheering and celebrating as Moore received the honor, with a couple high-fiving him in congratulations. One clip showed him walking in to sound of the Nickelback song Hero, the hit theme of the 2002 film Spider-Man.Right after someone put a crown on Moore’s head, part of the song’s chorus blared on the video: “And they say that a hero can save us / I’m not going to stand here and wait.”The jubilant moment punctuated a sequence of events that began with the attack in which Moore intervened at about 2.30pm on 7 April at Moore’s school about 60 miles (96.6km) south of Oklahoma City, a sworn police document states.According to investigators, the alleged attacker, Victor Lee Hawkins, had two semi-automatic handguns and fired several shots before he was disarmed by Moore and another school staff member who arrived to help. School surveillance video captured the intrusion.Hawkins “entered the school, pointed his pistol, and yelled for everyone to get on the ground”, special agent Meric Mussett of the Oklahoma state bureau of investigation wrote in the sworn police statement.The statement added that the alleged shooter pointed the gun at a female student in the lobby and pulled the trigger, but the weapon malfunctioned.“Hawkins then stepped out from behind the vending machine and pointed his gun at a male student in the foyer,” Mussett’s statement said. “Principal Moore then came out of his office and charged at Hawkins.”Moore was shot in the leg as he wrestled the attacker, a 20-year-old described in court documents as being obsessed with the 1999 shooting at Colorado’s Columbine high school in which 12 students and one teacher were killed.Authorities praised Moore’s actions, saying he prevented a tragedy and possible mass shooting at his school.“It doesn’t surprise me the actions that he took, but it is amazing, the actions that he took,” Don May, Pauls Valley’s police department chief, told NBC News. “There’s not a doubt in my mind that he saved kids’ lives.”Investigators said the alleged attacker was a former Pauls Valley high school student.Moore said in a statement reported by NBC that he was grateful for “an outpouring of love and support” after the attack that he thwarted.“Like so many educators around the country, we prepare for these events through training and careful assessment of the threats,” Moore said. “I am grateful that my instincts and training, as well as God’s hand, were available to me.”#Oklahoma #principal #disarmed #gunwielding #intruder #crowned #prom #king

mwasimuddin125 0

Students at an Oklahoma high school crowned their principal prom king after he charged, disarmed and was shot by an armed intruder at their campus.
Kirk Moore, the Pauls Valley high school principal, received the honor on Friday night after his students voted to honor him for having defended them.
“Ladies and gentlemen, our king,” an announcer declared at the Pauls Valley high school prom.
Video of the scene showed students cheering and celebrating as Moore received the honor, with a couple high-fiving him in congratulations. One clip showed him walking in to sound of the Nickelback song Hero, the hit theme of the 2002 film Spider-Man.
Right after someone put a crown on Moore’s head, part of the song’s chorus blared on the video: “And they say that a hero can save us / I’m not going to stand here and wait.”
The jubilant moment punctuated a sequence of events that began with the attack in which Moore intervened at about 2.30pm on 7 April at Moore’s school about 60 miles (96.6km) south of Oklahoma City, a sworn police document states.
According to investigators, the alleged attacker, Victor Lee Hawkins, had two semi-automatic handguns and fired several shots before he was disarmed by Moore and another school staff member who arrived to help. School surveillance video captured the intrusion.
Hawkins “entered the school, pointed his pistol, and yelled for everyone to get on the ground”, special agent Meric Mussett of the Oklahoma state bureau of investigation wrote in the sworn police statement.
The statement added that the alleged shooter pointed the gun at a female student in the lobby and pulled the trigger, but the weapon malfunctioned.
“Hawkins then stepped out from behind the vending machine and pointed his gun at a male student in the foyer,” Mussett’s statement said. “Principal Moore then came out of his office and charged at Hawkins.”
Moore was shot in the leg as he wrestled the attacker, a 20-year-old described in court documents as being obsessed with the 1999 shooting at Colorado’s Columbine high school in which 12 students and one teacher were killed.
Authorities praised Moore’s actions, saying he prevented a tragedy and possible mass shooting at his school.
“It doesn’t surprise me the actions that he took, but it is amazing, the actions that he took,” Don May, Pauls Valley’s police department chief, told NBC News. “There’s not a doubt in my mind that he saved kids’ lives.”
Investigators said the alleged attacker was a former Pauls Valley high school student.
Moore said in a statement reported by NBC that he was grateful for “an outpouring of love and support” after the attack that he thwarted.
“Like so many educators around the country, we prepare for these events through training and careful assessment of the threats,” Moore said. “I am grateful that my instincts and training, as well as God’s hand, were available to me.”

#Oklahoma #principal #disarmed #gunwielding #intruder #crowned #prom #king">Oklahoma principal who disarmed gun-wielding intruder crowned prom king

Students at an Oklahoma high school crowned their principal prom king after he charged, disarmed and was shot by an armed intruder at their campus.

Kirk Moore, the Pauls Valley high school principal, received the honor on Friday night after his students voted to honor him for having defended them.

“Ladies and gentlemen, our king,” an announcer declared at the Pauls Valley high school prom.

Right after someone put a crown on Moore’s head, part of the song’s chorus blared on the video: “And they say that a hero can save us / I’m not going to stand here and wait.”

The statement added that the alleged shooter pointed the gun at a female student in the lobby and pulled the trigger, but the weapon malfunctioned.

Authorities praised Moore’s actions, saying he prevented a tragedy and possible mass shooting at his school.

Investigators said the alleged attacker was a former Pauls Valley high school student.

Moore said in a statement reported by NBC that he was grateful for “an outpouring of love and support” after the attack that he thwarted.

#Oklahoma #principal #disarmed #gunwielding #intruder #crowned #prom #king

Defence deal is latest example of deepening ties between Canberra and Tokyo amid shared concerns over China’s rise.

Published On 19 Apr 2026

Australia and Japan have signed contracts for the first three of 11 warships set to be delivered to the Australian navy under a landmark $7bn defence deal, as the two close US allies in the Asia Pacific region deepen defence cooperation.

Australia’s Defence Minister Richard Marles and Japanese Defence Minister Koizumi Shinjiro made the announcement in Melbourne on Saturday at the signing ceremony for the Mogami-class warships.