Rite Aid store closings update: See the list of pharmacy locations that will shutter first after bankruptcy

After filing for Chapter 11 bankruptcy protection for a second time this week, Rite Aid is already planning to wind down operations at underperforming locations in at least nine states, court documents show. 

The long-suffering drug store chain, which is scrambling to sell parts of its business less than one year after emerging from bankruptcy the first time, has identified 47 locations that it will initially close as is negotiates with potential buyers and moves through the Chapter 11 process yet again. 

Rite Aid has 1,277 pharmacies, three distribution centers, and more than 24,000 employees across 15 states, and it’s hoping to sell many of its locations to preserve jobs, minimize the impact on customers, and extract the most value out of its business operations—especially its prescription files, which it sees as its most vaulable assets.

However, it saw “little or no value” in the initial stores that were marked for closure in this week’s filing, and so it has either started the process of closing the stores down or will do so soon. 

Fast Company has reached out to Rite Aid for more details about the timeline of these store closures.

Will all Rite Aid locations eventually close?

Some news outlets have falsely reported that Rite Aid is already planning to close all of its locations, but the company has made no such announcement.

While many stores will no doubt shutter as the bankruptcy process unfolds, others could be sold to new owners. Which stores will be sold and how many is unclear. What is clear is that this will be a fast-moving process, as Rite Aid believes time is of the essence.

Why is this process moving so quickly?

This is not Rite Aid’s first time at the Chapter 11 rodeo. The company knows from its bankruptcy in 2023 that the longer it takes to secure deal with buyers, the more pharmacy customers it’s going to lose.

That’s because people who get their prescriptions from Rite Aid are increasingly likely to transfer them elsewhere the more they read about the company’s bankruptcy in media reports. A substantial customer exodus will make Rite Aid’s business less attractive to buyers. 

“The timeline proposed for the contemplated sale process is, in the Debtors’ business judgment, essential to preserving value and facilitating an orderly sale process,” Rite Aid wrote in a court filing. “Based on Rite Aid’s prior experience selling similar assets, the longer the sale process takes, the greater the value erosion through attrition in the meantime. This risk is entirely one-sided and to the Debtors’ detriment.”

Which locations are closing soon?

According to this week’s filing, the following 47 locations are set to close and may already be in the process of doing so. (Based on a search of their Yelp pages, some may have already closed.) Rite Aid says it chose the locations based on factors such as underperformance and “lack of proximity” to competitors that might be willing to buy the locations. 

California

• 211 East 17th Street, Costa Mesa, CA 92627
• 1331 Wilshire Boulevard, Santa Monica, CA 90403
• 446 East Washington Blvd., Los Angeles, CA 90015
• 23 Peninsula Center, Rolling Hills Ests, CA 90274
• 3300 East Anaheim Street, Long Beach, CA 90804
• 1203 West Imola Avenue, Napa, CA 94559
• 1550 Hamilton Avenue, San Jose, CA 95125
• 501 South Gaffey Street, San Pedro, CA 90731
• 4840 Niagara Avenue, San Diego, CA 92107
• 32450 Clinton Keith Road, Wildomar, CA 92595
• 720 Sutton Way, Grass Valley, CA 95945
• 34420 Yucaipa Boulevard, Yucaipa, CA 92399
• 2751 Del Paso Road, Sacramento, CA 95835
• 1038 East Colorado Boulevard, Pasadena, CA 91106
• 6150 Van Buren Boulevard, Riverside, CA 92503
• 220 West East Avenue, Chico, CA 95926
• 1534 East Florence Avenue, Los Angeles, CA 90001
• 4774 West Lane, Stockton, CA 95210
• 4920 La Sierra Avenue, Riverside, CA 92505

Connecticut

• 56 Rubber Avenue, Naugatuck, CT 06770
• 113-115 Mill Plain Rd., Danbury, CT 06811
• 180 Main Street, Cheshire, CT 06410

Massachusetts

• 10084-02 1031 Main St., Clinton, MA 01510

New Hampshire

• 354 Winchester Street, Keene, NH 03431
• 19 Wilton Road Ste 1A, Peterborough, NH 03458
• 75 Portsmouth Avenue Unit 1, Exeter, NH 03833

New Jersey

• 75 South Main Street, Neptune, NJ 07753
• 403 Sicklerville Road, Sicklerville, NJ 08081

New York

• 55-60 Myrtle Avenue, Ridgewood, NY 11385
• 8222 18th Avenue, Brooklyn, NY 11214
• 5901 Bay Parkway, Brooklyn, NY 11204
• 50-15 Roosevelt Avenue, Woodside, NY 11377
• 60-26 Woodside Avenue, Woodside, NY 11377

Oregon

• 2521 South Sixth Street, Klamath Falls, OR 97601
• 700 S.E. 3rd Street, Bend, OR 97702
• 514 NE 181st Avenue, Portland, OR 97230
• 1400 West 6th Street, The Dalles, OR 97058

Pennsylvania

• 304 Market Street, Harrisburg, PA 17101
• 23 North Elm Street, Kutztown, PA 19530
• 3773 Peters Mountain Rd., Halifax, PA 17032
• 843 Rostraver Road, Belle Vernon, PA 15012
• 400 West Second Street, Berwick, PA 18603
• 1039 2nd Street Pike, Richboro, PA 18954
• 10941-01 Pittsburgh Intl Airport, Pittsburgh, PA 15231
• 209 Atwood Street, Pittsburgh, PA 15213

Washington

• 248 Bendigo Blvd S, North Bend, WA 98045
• 250 Basin Street SW, Ephrata, WA 98823

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