Rite Aid, a national pharmacy chain, is set to close 16 more stores, including four locations in Pennsylvania: Schuylkill, Philadelphia, Wayne, and Lehigh counties. This announcement comes as part of the company’s ongoing restructuring efforts to reduce costs and debt.
The specific locations of the Pennsylvania stores slated for closure are as follows:
– 500 N. Claude Lord Blvd., Pottsville, Schuylkill County
– 4055-89 Market St. in Philadelphia
– 237 E. Lancaster Ave., Radnor Township, Delaware County, near Wayne
– 1650 N. Cedar Crest Blvd., South Whitehall Township, Lehigh County, near Allentown
Rite Aid, which has been struggling financially in recent years, filed for Chapter 11 bankruptcy protection in October 2023. Since then, the company has announced the closure of over 400 stores nationwide. The closures are part of a broader strategy to reduce operating expenses and improve the company’s financial position.
Customers who rely on the affected Rite Aid stores for their pharmacy needs are advised to transfer their prescriptions to another location. The company has provided a list of nearby pharmacies where customers can transfer their medications. Rite Aid assures that it is committed to providing essential pharmacy services to its customers despite the store closures.
