The company has closed more than 800 stores since October.
The Philadelphia -based company, which was based in East Pennsboro Township near Camp Hill for decades, said it has exited bankruptcy “with a right-sized store footprint, more efficient operating model, significantly less debt and additional financial resources.”
Ownership of the company transitioned to certain Rite Aid creditors, and all of Rite Aid’s existing common shares were canceled, the company announced.
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