The drug store announced it had filed for Chapter 11 bankruptcy again on May 5, the second time since October 2023, and said it would close over 100 stores. Now, bankruptcy filings have shown that the chain intends to close an additional 316 of the roughly 1,200 still-operating locations.

With the clock ticking for companies that want to bid on the pharmacy chain’s remaining assets, the outlook is bleak for hundreds of its physical drugstores. As it prepares to sell off its remaining assets in the wake of a second bankruptcy filing,