More than 70 Rite Aid Stores Set to Close in Pennsylvania
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In addition to the 70 stores in Pennsylvania that are slated for closure, Rite Aid also listed six stores in Virginia, five in Oregon, four in California, three in Maryland, and one in Delaware. You can find original article here Supermarketnews.
The fate of many Rite Aid stores remains uncertain as the bankrupt chain sells off its retail and pharmacy assets. Some stakeholders want more transparency. Countless Rite Aid customers and employees are still waiting to learn the fate of their local pharmacies as the bankrupt drugstore chain sells off its assets and winds down operations.
Rite Aid announced more store closures after reportedly agreeing to sell pharmacy assets from over 1,000 locations. See closures in Delaware.
The Rite Aid located at 1233 SOM Center Road was purchased for $2.4 million on April 4, making it the third largest commercial sale in Cuyahoga County last month. The 14,000-square-foot building is located between Mayfield and Wilson Mills roads, adjacent to the Eastgate Shopping Center.
Dozens of Rite Aid stores will close. The drugstore chain announced in its bankruptcy filings on May 9 and May 16 that it plans to close more than 150 stores.
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Rite Aid announced more store closures after reportedly agreeing to sell pharmacy assets from over 1,000 locations to various competitors.
The longtime drugstore chain announced the closure of 76 Pennsylvania outlets following a bankruptcy filing last week.
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