More than 100 Rite Aid pharmacies nationwide — including 12 in Oregon — are on the chopping block. The Philadelphia-based pharmacy and retail chain is back in bankruptcy and hoping to sell many of its stores and other assets.

Rite Aid's bankruptcy leads to store closures, affecting Greenfield residents who must find new pharmacies for their prescriptions.

Earlier this month, Rite Aid, which currently operates 1,240 stores across 15 states, announced it had begun Chapter 11 bankruptcy proceedings and would soon begin a process of selling and closing stores.

Rite Aid plans to close hundreds of its U.S. pharmacies but said it would sell some in the Pacific Northwest to CVS Pharmacy. The Philadelphia-based Rite Aid has faced a slew of financial troubles over the past two years. The company first filed for Chapter 11 bankruptcy in 2023, after which it shuttered hundreds of stores nationwide.

Developers aim to begin work on the gas station and convenient store as soon as possible with the goal of opening within six months.