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Rite Aid plans additional store closures

47 more stores to be shuttered, leaving it with about 1,600 locations

Mark Hamstra

April 10, 2024

1 Min Read
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The closures are in addition to a list of 30 locations announced last week, and several additional closures announced since the company issued an initial list of 154 store closures last year.Rite Aid

Rite Aid, which filed Chapter 11 bankruptcy in October and has since shuttered hundreds of stores, filed a notice with the U.S. District Bankruptcy Court in Trenton, N.J., this week listing another 17 stores that it plans to close.

The closures are in addition to a list of 30 locations announced last week, and several additional closures announced since the company issued an initial list of 154 store closures last year. The latest stores slated to be shuttered include six locations each in California and Pennsylvania, three in New York, and one each in New Jersey and Massachusetts.

The 30 locations announced last week included locations in California, New York, Pennsylvania, Michigan, Virginia, New Jersey, Maryland, and Ohio.

The company will be left with about 1,600 locations after the latest round of closures, according to local reports, down from about 2,100 stores across 17 states when it filed bankruptcy.

A spokesperson for Rite Aid could not be reached for comment.

A spokesperson for the retailer told Staten Island, N.Y.-based website SILive that the company continues to identify underperforming stores that it is closing to reduce its rent expenses and strengthen its overall financial performance. The company also said it had not yet confirmed any additional store closures.

Related:Rite Aid moves forward with bankruptcy restructuring

“Rite Aid regularly assesses its retail footprint to ensure we are operating efficiently while meeting the needs of our customers, communities, associates, and overall business,” the company told SILive.

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Rite Aid

About the Author

Mark Hamstra

Mark Hamstra is a freelance business writer with experience covering a range of topics and industries, including food and mass retailing, the restaurant industry, direct/mobile marketing, and technology. Before becoming a freelance business journalist, Mark spent 13 years at Supermarket News, most recently as Content Director, where he was involved in all areas of editorial planning and production for print and online. Earlier in his career he also worked as a reporter and editor at other business publications, including Financial Technology, Direct Marketing News, Nation’s Restaurant News and Drug Store News.

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