Rite Aid Announces Closure of 53 Stores, Including 18 in California

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Written By Blue & Gold NLR Team

 

 

 

 

Rite Aid, a pharmacy chain, is closing down an additional 53 stores, including 18 in California, following its Chapter 11 bankruptcy filing last year. This adds to the nearly 200 stores already shut down. The closures began after the Philadelphia-based company filed for bankruptcy in mid-October. Initially, over 150 stores across 15 states closed, followed by 31 more in late November, with more closures happening at the beginning of this year.

The list of Rite Aid locations set to close includes:

– 1208 West Redondo Beach Boulevard in Gardena
– 1700 W Whittier Boulevard in La Habra
– 15924 Bellflower Blvd. in Bellflower
– 16491 Lakeshore Drive in Lake Elsinore
– 334 South Vermont Avenue in Los Angeles
– 5610 Stockton Boulevard in Sacramento
– 37950 47th St E in Palmdale
– 7224 Broadway in Lemon Grove
– 1030 South White Road in San Jose
– 14727 Rinaldi Street in San Fernando
– 7211 Elk Grove Boulevard in Elk Grove
– 439 Santa Fe Drive in Encinitas
– 1650 Decoto Road in Union City
– 888 Lincoln Boulevard in Venice
– 35946 Winchester Road in Winchester
– 3941 Spring Road in Moorpark
– 4037 Ball Road in Cypress
– 2500 North 10th Avenue in Hanford

The company, facing financial challenges for years, has also dealt with legal issues related to opioid prescriptions, resulting in settlements including one with the state of West Virginia for up to $30 million.

The closure dates for these stores were not mentioned in the recent court filings. Although objections could be made against the closures, none were listed in the case docket as of April 10. These closures are part of Rite Aid’s ongoing efforts to revitalize its business and reduce its debt.

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