Hundreds of Rite Aid locations are expected to shutter after the pharmacy chain filed for Chapter 11 bankruptcy protection over the weekend.
The company counts more than 2,000 stores in its portfolio, mostly on either coast of the country. Rite Aid plans to continue filling prescriptions, but has already set a plan in motion to close more than 150 underperforming stores.
The retailer expects to lose as much as $680 million during the current fiscal year, according to the Associated Press. Rite Aid has $7.6 billion in assets and $8.6 billion in total debts. The company did agree with some creditors to a financial restructuring plan to cut debt. It also landed $3.45 billion in new financing.
While Rite Aid said it did not know what stores would be targeted for closure initially, bankruptcy filings revealed the list of initial stores set to close.
These are the 33 stores set to close in the New York metropolitan area:
New York
- 36 Sunrise Highway, Bay Shore
- 2784 Sunrise Highway, Bellmore
- 2002 Avenue U, Brooklyn
- 2981 Ocean Avenue, Brooklyn
- 901 Merrick Road, Copiague
- 87 Harlem Road, Cheektowaga
- 577 Larkfield Road, East Northport
- 71-18 Kissena Boulevard, Flushing
- 2 Whitney Avenue, Floral Park
- 695 East Jericho Turnpike, Huntington Station
- 2453 Elmwood Avenue, Kenmore
- 3131 Hempstead Turnpike, Levittown
- 700-43 Patchogue-Yaphank Road, Medford
- 3199 Long Beach Road, Oceanside
- 273 Pine Hollow Road, Oyster Bay
- 593 Old Town Road, Port Jeff Station
- 1567 Penfield Road, Rochester
- 65 Route 111, Smithtown
- 198 West Merrick Road, Valley Stream
- 397 Sunrise Highway, West Patchogue
New Jersey
- 1726 Route 37, East Toms River
- 431 Haledon Avenue, Haledon
- 35 Mill Road, Irvington
- 1636 Route 38 Suite 49, Lumberton
- 210 Bridgeton Pike, Mantua
- 108 Swedesboro Road Suite 20, Mullica Hill
- 2370 Route 33, Robbinsville
- 773 Hamilton Street, Somerset
- 4057 Asbury Ave Ste 8, Tinton Falls
- 3 Marshall Hill Road, West Milford
- 86 B Lacey Road, Whiting
- 1434 S Black Horse Pike, Williamstown
Connecticut
- 289 Greenwood Avenue, Bethel
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