Current:Home > ScamsRite Aid closing more locations: 31 additional stores to be shuttered. -ProfitLogic
Rite Aid closing more locations: 31 additional stores to be shuttered.
View
Date:2025-04-28 00:01:55
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! (1)
Related
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Joseph Zadroga, advocate for 9/11 first responders, killed in parking lot accident, police say
- Who is Puka Nacua? What to know about the Rams record-setting rookie receiver
- Emmys finally arrive for a changed Hollywood, as ‘Succession’ and ‘Last of Us’ vie for top awards
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- What is 'Bills Mafia?' Here's everything you need to know about Buffalo's beloved fan base
- UN agency chiefs say Gaza needs more aid to arrive faster, warning of famine and disease
- MILAN FASHION PHOTOS: Armani casts an arresting gaze on Milan runway menswear collection
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Critics Choice Awards 2024: The Complete Winners List
Ranking
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Guatemalans angered as president-elect’s inauguration delayed by wrangling in Congress
- Tunisia commemorates anniversary of the 2011 revolution. Opposition decries democratic backsliding
- Why are the Iowa caucuses so important? What to know about today's high-stakes vote
- What do we know about the mysterious drones reported flying over New Jersey?
- First Uranium Mines to Dig in the US in Eight Years Begin Operations Near Grand Canyon
- Record high tide destroys more than 100-year-old fishing shacks in Maine: 'History disappearing before your eyes'
- Mother Nature keeps frigid grip on much of nation
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Former New Zealand Prime Minister Jacinda Ardern marries longtime partner in private wedding ceremony
These 15 Products Will Help You Get the Best Sleep of Your Life
Fake 911 report of fire at the White House triggers emergency response while Biden is at Camp David
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Men who say they were abused by a Japanese boy band producer criticize the company’s response
China calls Taiwan's 2024 election a choice between peace and war. Here's what to know.
Kosovo remembers 45 people killed in 1999 and denounces Serbia for not apologizing