Earlier this month, Rite Aid filed for its second bankruptcy in two years, this time bowing to the fact that it would have to permanently shutter all 1,245 of its remaining pharmacies. Now that the dust has somewhat settled, we have a clearer picture of the first Rite Aid locations on the chopping block. But as of today, there’s also some good news, as it was announced that Rite Aid is offloading the pharmacy assets of 1,000 of its locations to competitors CVS, Walgreens, Albertsons, and Kroger. And that’s not all.
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CVS, Walgreens, and others will acquire the pharmacy assets of 1,000 Rite Aids.
Rite Aid has sold the assets of nearly all of its pharmacies to CVS, Walgreens, Albertsons, Kroger, Giant Eagle, and others, according to a press release—though the deals still have to be approved in a bankruptcy court hearing on May 21.
CVS is the biggest winner, acquiring the assets (the biggest of which are customers’ prescription files) of 625 Rite Aid stores across 15 states.
“A key priority for Rite Aid is to ensure that as many of our loyal customers as possible continue to receive the pharmacy services and care they require without interruption,” Rite Aid CEO Matt Schroeder said in a statement. “These agreements ensure our pharmacy customers will experience a smooth transition while preserving jobs for some of our valued team members.”
CVS announced that it is also taking over 64 Rite Aid and Bartell Drugs store locations in Washington, Oregon, and Idaho, adding to its current portfolio of more than 9,000 retail pharmacy locations in the U.S. The company says that it will welcome current Rite Aid employees who wish to apply for jobs at these locations.
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Where and when are the remaining Rite Aids closing?
Though Rite Aid acquired $1.94 billion in financing to continue operations during the bankruptcy proceedings, Newsweek reports that many stores have already begun liquidation sales. All locations that are not being taken over by CVS are expected to close by early summer. However, many stores have already closed or will close in the coming weeks. According to Newsweek, these are:
California
- Chico: 220 West East Ave.
- Costa Mesa: 211 East 17th St.
- Grass Valley: 720 Sutton Way
- Long Beach: 3300 East Anaheim St.
- Los Angeles: 446 East Washington Blvd.
- Los Angeles: 1534 East Florence Ave.
- Napa: 1203 West Imola Ave.
- Olivehurst: 5075 Olivehurst Avenue
- Pasadena: 1038 East Colorado Blvd.
- Riverside: 4920 La Sierra Ave.
- Riverside: 6150 Van Buren Blvd.
- Rolling Hills Estates: 23 Peninsula Center
- Sacramento: 2751 Del Paso Rd.
- San Diego: 4840 Niagara Ave.
- San Jose: 1550 Hamilton Ave.
- San Pedro: 501 South Gaffey St
- Santa Monica: 1331 Wilshire Blvd.
- Stockton: 4774 West Ln.
- Torrance: 3860 Sepulveda Boulevard
- Wildomar: 32450 Clinton Keith Rd.
- Yucaipa: 34420 Yucaipa Blvd.
Connecticut
- Cheshire: 180 Main St.
- Danbury: 113-115 Mill Plain Rd.
- Naugatuck: 56 Rubber Ave.
Massachusetts
New Hampshire
- Bristol: 360 Summer Street
- Exeter: 75 Portsmouth Ave., Unit 1
- Keene: 354 Winchester St.
- Peterborough: 19 Wilton Rd., Suite 1A
- Pittsfield: 41 Carroll Street
New Jersey
- Neptune: 75 South Main St.
- Sicklerville: 403 Sicklerville Rd.
New York
- Brooklyn: 5901 Bay Pkwy.
- Brooklyn: 8222 18th Ave.
- Buffalo: 1070 Genesee Street
- Ridgewood: 55-60 Myrtle Ave.
- Salamanca: 9 Broad Street
- Woodside: 50-15 Roosevelt Ave.
- Woodside: 60-26 Woodside Ave.
Oregon
- Baker City: 1217 Campbell Street
- Bandon: 44 Michigan Avenue NE
- Bend: 700 S.E. 3rd St.
- Dallas: 178 West Ellendale Avenue
- Hood River: 2049 West Cascade Avenue
- Klamath Falls: 2521 South Sixth St.
- Lincoln City: 4041 NW Logan Road
- Ontario: 728 South West 4th Avenue
- Portland: 514 NE 181st Ave.
- Seaside: 313 South Roosevelt Drive
- Silverton: 626 McClaine St.
- The Dalles: 1400 West 6th St.
Pennsylvania
- Apollo: 111 North Plaza
- Belle Vernon: 843 Rostraver Rd.
- Berwick: 400 West Second St.
- Blairsville: 200 Resort Plaza Drive
- Burgettstown: 1340 Main Street
- Conneaut Lake: 100 South Third Street
- Connellsville: 200 Memorial Blvd.
- Coudersport: 207 Route 6 West
- Cresson: 1212 Second Street
- Duncannon: 5 Friendly Drive
- Emporium: 620 E Allegheny Avenue
- Ford City: 838 Fifth Avenue
- Grove City: 126 W. Main Street
- Halifax: 3773 Peters Mountain Rd.
- Harrisburg: 304 Market St.
- Harrisburg: 1941 Derry Street
- Huntingdon: 9635 William Penn Highway
- Huntingdon Valley: 805 Huntingdon Pike
- Kane: 521 North Fraley Street
- Kittanning: 165 Butler Road
- Kutztown: 23 North Elm St.
- Mahanoy City: 15 West Centre Street
- Mercer: 100 Franklin Street
- Montrose: 801 Grow Avenue
- Morgantown: 3145 Main Street
- Moscow: 6 Bochicchio Boulevard
- Mt. Union: 101 East Shirley Street
- New Bethlehem: 610 Broad Street
- Newport: 10 Newport Plaza
- Palmerton: 601 Delaware Avenue
- Philadelphia: 260 West Lehigh Avenue #80
- Philadelphia: 2201 West Allegheny Ave.
- Philadelphia: 2503-05 Welsh Road
- Philadelphia: 4390 Richmond Street
- Philadelphia: 4530 North 5th Street
- Philadelphia: 5214-30 Baltimore Avenue
- Philadelphia: 5400 Rising Sun Avenue
- Pike Richboro: 1039 2nd St.
- Pittsburgh: 209 Atwood St.
- Pittsburgh: 1222 Brownsville Rd.
- Pittsburgh: 2150 Brownsville Rd Ste120
- Pittsburgh: 3939 Butler Street
- Pittsburgh: Pittsburgh Intl Airport
- Port Allegany: 59 North Main Street
- Portage: 630 Main St.
- Punxsutawney: 201 West Mahoning Street
- Quarryville: 315 West Fourth Street
- Saint Marys: 901 S Saint Marys Street
- Shermans Dale: 5201 Spring Road, Suite 6
- Tamaqua: 205 Center Street
- Tyrone: 1365 Logan Avenue
- Union City: 1 East High Street
Virginia
- Greenville: 4171 Lee Jackson Hwy, Ste 113
- Grottoes: 200 Augusta Avenue
- Lawrenceville: 115 Brunswick Square Court
- Scottsville: 144 Scottsville Center
Washington
- Anacortes: 1517 Commercial Ave.
- Ephrata: 250 Basin St. SW
- Granite Falls: 608 W. Stanley Street
- Kingston: 27000 Miller Bay Rd NE
- North Bend: 248 Bendigo Blvd S
- Omak: 609 Omache Drive
- Snoqualmie: 35013 Snoqualmie Pkwy
- Yelm: 909 East Yelm Avenue
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