Current:Home > ScamsRite Aid closing more locations: 31 additional stores to be shuttered. -ProgressCapital
Rite Aid closing more locations: 31 additional stores to be shuttered.
View
Date:2025-04-18 07:28:40
Pharmacy chain Rite Aid is shuttering an additional 31 stores in a dozen states, according to a recent bankruptcy court filing.
The company announced more than 150 other store closures last month when it filed for Chapter 11 bankruptcy protection. A Wednesday news release said it operates more than 2,300 retail pharmacy locations across 17 states.
Rite Aid spokesperson Catherine Carter said the stores that will be closing have been underperforming and will be closed “to further reduce rent expense and strengthen overall financial performance.” The company plans to give workers at closing stores the option to transfer to other locations.
Why did Rite Aid file for bankruptcy?
Rite Aid, one of the largest pharmacy chains in the country, filed for bankruptcy in October as it faced slumping sales and more than a thousand federal, state and local lawsuits accusing it of fueling the opioid epidemic by illegally filling painkiller prescriptions.
The company’s stock had dipped more than 95% over the past year and closed up 2.4% Wednesday at $0.22.
Other pharmacies closing
The closures come as the U.S. pharmacy system as a whole struggles to operate efficiently with less staff. Pharmacists at some of the nation’s largest chains have started to protest deteriorating working conditions, with employees at Rite Aid, Walgreens and CVS staging walkouts in recent months.
Other pharmacy chains have also been shuttering stores. Walgreens in July said it planned to close 150 locations in the U.S. and another 300 in the United Kingdom, and CVS in 2021 announced plans to close 300 stores per year over the next three years.
Prescription for disaster:America's broken pharmacy system in revolt over burnout and errors
Which Rite Aid stores are closing?
California:
- 1020 Al Tahoe Blvd. in South Lake Tahoe
- 11230 Donner Pass Road in Truckee
- 1475 41st Ave. in Capitola
- 49060 Road 426 in Oakhurst
- 5747 Kanan Road in Agoura
- 1350 North Vasco Road in Livermore
- 4980 Freeport Blvd. in Sacramento
Connecticut:
- 66 Church St. in New Haven
Maryland:
- 1301 East State St. in Delmar
Michigan:
- 1301 West 14 Mile Road in Clawson
- 3681 Shawnee Road in Bridgman
New Jersey:
- 93 Atlantic Blvd. in Beachwood
- 121 West Main St. in Moorestown
New York:
- 335 Route 25A in Miller Place
- 5825-35 Broadway in Bronx
Nevada:
- 1329 U.S. Hwy 395 North, #1 in Gardnerville
Ohio:
- 5033 Suder Ave. in Toledo
- 4332 Cleveland Ave., NW in Canton
- 501 Water St. in Chardon
Oregon:
- 435 Liberty Street, N.E. in Salem
- 785 South Columbia River Hwy in St. Helens
Pennsylvania:
- 927 Paoli Pike in West Chester
- 821 East Bishop St. in Bellefonte
- 6200 Saltsburg Road in Pittsburg
- 2545 Aramingo Ave. in Philadelphia
Virginia:
- 163 W. Ocean View Ave. in Norfolk
- 7601 Granby St. in Norfolk
- 4501 News Road in Williamsburg
Washington:
- 15801 Pacific Ave. in Tacoma
- 1628 5th Ave. in Seattle
- 691 Sleater Kinney Road SE in Lacey
Spokesperson Carter said the company has not confirmed any decisions on additional store closures at this time.
veryGood! (8)
Related
- US auto safety agency seeks information from Tesla on fatal Cybertruck crash and fire in Texas
- Giancarlo Stanton's late homer gives Yankees 2-1 lead over Royals in ALDS
- Opinion: Russell Wilson seizing Steelers' starting QB job is only a matter of time
- Travis Barker Shares Sweet Shoutout to Son Landon Barker for 21st Birthday
- Southern California rocked by series of earthquakes: Is a bigger one brewing?
- Opinion: LSU's Brian Kelly spits quarterback truth before facing Mississippi, Lane Kiffin
- Last Chance! Hailey Bieber-Approved HexClad Cookware Deals Will Sell Out Soon—Shop Before Prime Day Ends!
- Tesla is unveiling its long-awaited robotaxi amid doubts about the technology it runs on
- Charges: D'Vontaye Mitchell died after being held down for about 9 minutes
- WNBA Finals: USA TODAY staff predictions for Liberty vs. Lynx
Ranking
- Kehlani Responds to Hurtful Accusation She’s in a Cult
- Jayden Daniels brushes off Lamar Jackson comparisons: 'We're two different players'
- Arizona Democratic office hit by third shooting in weeks. There were no injuries or arrests
- What makes transfer quarterbacks successful in college football? Experience matters
- 3 years after the NFL added a 17th game, the push for an 18th gets stronger
- Uber, Lyft drivers fight for higher pay, better protections
- Get a $19 Prime Day Deal on a Skillet Shoppers Insist Rivals $250 Le Creuset Cookware
- Fantasy football injury report Week 6: Latest on Malik Nabers, Joe Mixon, A.J. Brown, more
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
'God's got my back': Some Floridians defy evacuation orders as Hurricane Milton nears
When will Malik Nabers return? Latest injury updates on Giants WR
Minnesota Twins to be put up for sale by Pohlad family, whose owned the franchise since 1984
Buckingham Palace staff under investigation for 'bar brawl'
NFL Week 6 picks straight up and against spread: Will Jets or Bills land in first place Monday?
Opinion: Now is not the time for Deion Sanders, Colorado to shrink with Kansas State in town
Meet TikToker Lt. Dan: The Man Riding Out Hurricane Milton on His Boat