Rite Aid's 'Zombie' Stores: A Ghost of Retail Past?

Once a dominant player in the US drugstore market, Rite Aid is now a shadow of its former self, facing bankruptcy and fierce competition. Hundreds of stores have closed, leaving empty shelves and earning them the moniker "zombie" stores. Consumers are forced to seek alternatives at competitors like Walmart and Amazon. Rite Aid's struggles reflect broader challenges in the pharmacy sector, including intense competition, rising costs, and staffing shortages. While some vacant locations are being repurposed by other retailers, Rite Aid's future remains uncertain, with its "zombie" stores potentially marking the end of an era.