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From Reuters: May 21 (Reuters) – Bankrupt Rite Aid on Wednesday received court approval to close stores and sell most of its pharmacy assets in separate transactions to CVS, Walgreens, Albertsons, Kroger and Giant Eagle, among others.
The U.S. pharmacy chain, which operates about 1,200 stores and has some 8 million customers, filed for bankruptcy earlier this month for the second time in two years. Its retail business was performing poorly due to decreased drug sales margins.
The company shed $2 billion in debt during its first restructuring in 2023. Since then, Rite Aid failed to right the ship and achieve financial stability as it continued to experience financial challenges.
The company the commenced Chapter 11 proceedings.
Rite Aid will close 42 stores and is selling the pharmacy assets it owns at the other 1,240 locations. These remaining Rite Aid locations will either be rebranded or closed. It has entered into agreements with CVS Pharmacy, Walgreens, Albertsons, Kroger, and Giant Eagle.
Customers with prescriptions at Rite Aid can expect to see them transferred to a nearby pharmacy.
Following is a list of Rite Aid stores that are closing:
California
3860 Sepulveda Blvd., Torrance,
5075 Olivehurst Ave., Olivehurst
583 Highway 99, Gridley
2140 Contra Costa Blvd., Pleasant Hill
37435 Main St., Burney
3105 Rancho Vista Blvd., Palmdale
Delaware
38169 Dupont Blvd., Selbyville
Maryland
101 Marlboro Ave., Easton
2801 Foster Ave., Baltimore
25 Jones Station Road West, Severna Park
New Hampshire
360 Summer St., Bristol
41 Carroll St., Pittsfield
New York
9 Broad St., Salamanca
1070 Genesee St., Buffalo
Oregon
728 S. W. Fourth Ave., Ontario
4041 N.W. Logan Road, Lincoln City
2049 W. Cascade Ave., Hood River
178 W. Ellendale Ave., Dallas
1217 Campbell St., Baker City
44 Michigan Ave., NE, Bandon
313 S. Roosevelt Drive, Seaside
626 McClaine St., Silverton
1900 McLoughlin Blvd., Oregon City
16261 S. Highway 101, Harbor
4500 Commercial St., S.E., Salem
1430 N.W. Garden Valley Blvd., Roseburg
2336 N. Coast Highway, Newport
Pennsylvania
4400 Pennell Road, Aston
170 Saxer Ave., Springfield
304 Deport St., Latrobe
811 E. State St., Sharon
417 Chartiers St., Bridgeville
4927 Homeville Road, West Mifflin
3331 Pleasant Valley Blvd., Altoona
8775 Norwin Ave., North Huntingdon
94 June Drive, Roaring Spring
20480 Route 19, Cranberry Township
1125 Freeport Road, Pittsburgh
4145 Buffalo Road, Erie
4606 Admiral Peary Highway, Ebensburg
2336 Ardmore Blvd., Pittsburgh
139 S. Main St., Butler
7345 Saltsburg Road, Penn Hills
5430 Peach St., Erie
1303 Shoemaker St., Nanty Glo
3550 Route 130, Irwin
1020 Liberty St., Franklin
1799 Third St., Beaver
1701 Duncan Ave., Allison Park
1120 Philadelphia Ave., Northern Cambria
113 W. Main St., West Newton
1851 E. State St., Hermitage
2655 E. Carson St., Pittsburgh
4155 Ewalt Road, Gibsonia
513 Perry Highway, Pittsburgh
1501 Scalp Ave., Johnstown
9141 Ridge Road, Girard
300 Market St., Elizabeth
2270 Noblestown Road, Pittsburgh
4111 William Penn Highway, Monroeville
431 Commons Drive, Dubois
700 Sharon New castle Road, Farrell
802 Pennsylvania Ave., Pittsburgh
5100 Library Road, Bethel Park
1700 Pine Hollow Road, McKees Rock
335 Main St., Greenville
600 William Marks Drive, Munhall
1236 Long Run Road, White Oak
446 W. Main St., Monongahela
3200 Oregon Drive, Lower Burrell
412 Broadway St., Coraopolis
975 Market St., Meadville
3730 Brighton Road, Pittsburgh
2470 Bedford St., Johnstown
925 W. Erie Plaza, Erie
1800-1814 Morningside Ave., Pittsburgh
201 Devine Drive, Wexford
4185 Washington Road, McMurray
407 Central Ave., Johnstown
503 Clifton Road, Bethel Park
221 Grove City Road, Slippery Rock
5633 Baum Blvd., Pittsburgh
410 Cooke Lane, Pittsburgh
1440 E. High St., Waynesburg
1200 Pittsburgh St., Cheswick
568 Castle Village, Pittsburgh
135 S. Market St., New Wilmington
880 Butler St., Pittsburgh
1010 Fifth St., Charleroi
2302 Sheffield Road, Aliquippa
1700 Murray Ave., Pittsburgh
6375 Library Road, South Park
3210 Banksville Road, Pittsburgh
1710 Mount Royal Blvd., Glenshaw
3434 William Penn Highway, Pittsburgh
1520 N. Main St., Ext, Butler
900 Mount Royal Blvd., Pittsburgh
100 Seven Fields Blvd., Seven Fields
1130 Perry Highway, Pittsburgh
517 Beaver St., Sewickley
109 Allegheny River Blvd., Oakmont
200 Greater Butler Mart, Butler
5504 Walnut St., Pittsburgh
805 Huntingdon Pike, Huntingdon Valley
6 Bochicchio Blvd., Moscow
601 Delaware Ave., Palmerton
315 W. Fourth St., Quarryville
2201 W. Allegheny Ave., Philadelphia
10 Newport Plaza, Howe Township, Perry County, near Newport
801 Grow Ave., Montrose
2503-05 Welsh Road, Philadelphia
5 Friendly Drive, Penn Township, Perry County, near Duncannon
260 W. Lehigh Ave., Philadelphia
3145 Main St., Morgantown
205 Center St., Tamaqua
9635 William Penn Highway, Huntingdon
15 W. Centre St., Mahanoy City
4530 N. Fifth St., Philadelphia
101 E. Shirley St., Mount Union
4390 Richmond St., Philadelphia
5201 Spring Road, Carroll Township, Perry County, near Shermans Dale
1365 Logan Ave., Tyrone
1212 Second St., Cressona
201 W. Mahoning St., Punxsutawney
165 Butler Road, Kittanning
126 W. Main St., Grove City
111 North Plaza, Apollo
5214-30 Baltimore Ave., Philadelphia
1941 Derry St., Harrisburg
5400 Rising Sun Ave., Philadelphia
901 S. Saint Marys St., Saint Marys
200 Resort Plaza, Blairsville
630 Main St., Portage
207 Route 6, West Coudersport
838 Fifth Ave., Ford City
620 E. Allegheny Ave., Emporium
100 S. Third St., Conneaut Lake
200 Memorial Blvd., Connellsville
59 N. Main St., Port Allegany
610 Broad St., New Bethlehem
1340 Main St., Burgettstown
100 Franklin St., Mercer
1222 Brownsville Road, Pittsburgh
521 N. Fraley St., Kane
3939 Butler St., Pittsburgh
1 E. High St., Union City
Virginia
115 Brunswick Square Court, Lawrenceville
144 Scottsville Center, Scottsville
4171 Lee Jackson Highway, Greenville
200 Augusta Ave., Grottoes
2600 Weir Place, Chester
520 W. Broad St., Richmond
Warwick Shopping Center, Newport News
Cape Henry Shopping Center, Virginia Beach
3701 Kecoughtan Road, Hampton
421 Wythe Creek Road, Poquoson
Washington
35013 Snoqualmie Parkway, Snoqualmie
27000 Miller Bay Road, Northeast, Kingston
909 E. Yelm Ave., Yelm
1517 Commercial Ave., Anacortes
608 W. Stanley St., Granite Falls
609 Omache Drive, Omak
READ MORE at Reuters.
Bankrupt Rite Aid on Wednesday received court approval to close stores and sell most of its pharmacy assets in separate transactions to CVS, Walgreens, Albertsons, Kroger and Giant Eagle, among others. https://t.co/JLAWkbP100
— Reuters Legal (@ReutersLegal) May 21, 2025
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