New Delhi, Oct. 4 -- One of America's most familiar pharmacy names has officially shut its doors. Rite Aid, once one of the nation's largest drugstore chains, has closed all of its remaining stores after years of financial struggle.

As per PennLive, the announcement came quietly on the company's website. At the bottom of its homepage, a simple line read: "All Rite Aid stores have now closed. We thank our loyal customers for their many years of support."

The closures mark the end of a long chapter for the company, which was founded in 1962 and at its height operated more than 5,000 stores across the United States, according to Drug Topics as cited by The New York Times.

In 2023, Rite Aid still had about 2,000 stores and 45,000 employees...