Rite Aid, the Philadelphia-based pharmacy chain, is set to shut down an additional 13 stores as part of its Chapter 11 bankruptcy proceedings, according to court documents filed on Tuesday. This move comes in the wake of ongoing financial challenges faced by the company.

Continuous Closures

Since October 2023, Rite Aid has been steadily closing stores, with approximately 250 locations shuttered so far. This latest announcement adds to the growing list of closures, indicating the company’s efforts to streamline operations amidst financial turmoil.

Financial Struggles

Rite Aid’s decision to file for bankruptcy protection stems from years of annual losses. Similar to its competitors, the company is grappling with financial risks associated with lawsuits related to opioid prescriptions. Notably, Rite Aid has already settled several such lawsuits, including a multimillion-dollar agreement with the state of West Virginia.

Previous Closure Announcements

The recent closures follow a series of store shutdowns announced by the company. After filing for bankruptcy protection in mid-October, Rite Aid revealed plans to close over 150 stores across the United States. Subsequent announcements in late November and early 2024 resulted in the closure of additional locations. Earlier in April, the company unveiled plans to shutter 53 more stores.

List of Stores Slated for Closure

The court documents filed on Tuesday include a comprehensive list of the 13 stores set to close. These stores are spread across multiple states, including New Jersey, New York, Ohio, Pennsylvania, and Virginia.

New Jersey

• 186 South White Horse Pike, Berlin
• 2 Route 37 East, Toms River

New York

• 144-29 Northern Boulevard, Flushing

Ohio

• 16207 Detroit Avenue, Lakewood
• 2100 Wales Avenue, Massillon
• 2450 South Reynolds Road, Toledo

Pennsylvania

• 547 West Trenton Avenue, Morrisville
• 100 Forbes Avenue, Suite 100, Pittsburgh
• 1500 W. Moyamensing Avenue, Philadelphia
• 31 North Jefferson Street, New Castle
• 1140 Town Square Road, Pottstown
• 327 North Chester Pike, Glenolden

Virginia

• 1624 Laskin Road, Suite 750, Virginia Beach

Next Steps for Customers

Rite Aid has not provided a specific date or timeframe for the closures. Impacted customers are encouraged to visit the company’s website to locate nearby operating stores.

The The Local News App contributed to this report.

Conclusion: Rite Aid’s Restructuring Efforts

As Rite Aid navigates bankruptcy proceedings, the closure of additional stores underscores the challenges faced by traditional pharmacy chains in an evolving market landscape. The company’s focus on restructuring reflects its commitment to financial stability amid ongoing pressures in the healthcare industry.

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