Rite Aid, the pharmacy that filed for Chapter 11 bankruptcy earlier this year, announced that they could close up to 150 stores in the coming months. These are stores the company has identified as ‘underperforming’ and can be found in states across the US.
Facing over a thousand lawsuits related to its alleged role in fueling the opioid epidemic, Rite Aid is heavily indebted and in a difficult position. However, the company now has some protection and will be able to halt legal complaints against it. Despite this, Rite Aid, like its competitors, has been struggling with the changing dynamics of the business as it faces increased competition after a period of overexpansion.
In addition to closures by Rite Aid, Walgreens, and CVS have also announced that they will be closing down stores, leaving patients with fewer options when it comes to filling their prescriptions.
In California, 31 stores could close in the coming months:
In Connecticut, one location could close soon: 289 Greenwood Ave in Bethelct.
In Deleware, two locations could close in the coming months:
In Idaho, two locations could close in the coming months:
In Maryland, six locations could close in the coming months:
In Massachusetts, one location in Webster at 80 East Main Street is slated for closure.
In Michigan, 19 Rite Aid locations are slated to close:
In Merrimack, New Hampshire, the store at 420 Daniel Webster Highway could close in the coming months.
In New Jersey, 12 stores have been slated for closure:
In New York, the following 20 stores have been identified for closure:
In Ohio, six stores could close in the coming months:
In Oregon, one store in Portland located at 2440 SE Cesar E Chavez Boulevard also made the list of upcoming closures.
In Pennsylvania, 39 stores will be closed in the coming months:
Two locations in Chesapeake, Virginia, will close: