LIST – Which Rite Aid Stores Will Close in Pennsylvania & New Jersey; Chain Files for Bankruptcy
Just last month we told you that one of the nation's largest pharmacy retail chains was gearing up to file for bankruptcy, and since then there have been significant developments in the story.
In fact, we've started to see a list of which Rite Aid stores will be closing in New Jersey and Pennsylvania soon.
Rite Aid Files For Bankruptcy
Rite Aid, a Philadelphia-based chain, officially filed for Chapter 11 bankruptcy protection in a New Jersey court on Sunday evening (October 15).
The decision comes after months of rumors about the struggling chain's future. Back in August The Wall Street Journal and Bloomberg reported that there were talks of the company preparing to file for bankruptcy as they face billions of dollars of debt.
Why Is Rite Aid Filing for Bankruptcy Protection?
The company saw a hit in the post-COVID-19 economy and they're facing lawsuits for the company's role in the nation's opioid epidemic. The lawsuits allege that the company filled hundreds of thousands of opioid prescriptions, The New York Times reports.
As part of the bankruptcy filing, they're expected to close at least 500 stores in total. However, we've seen reports from across the area about some stores already closing in 2023 ahead of this week's developments.
We are starting to gather a list of which Pennsylvania and New Jersey stores will close, though, down below.
Which New Jersey Rite Aid Stores Will Close in 2023?
It sounds like at least a dozen Rite Aid stores across New Jersey will be closing in the coming weeks, according to a report first published in the Asbury Park Press. The newspaper cited recently filed court documents as their source.
These stores will be closing in the coming weeks, they report:
Those stores are in the following locations:
- Haledon Ave., Haledon, Passaic County
- Mill Rd., Irvington, Essex County
- Route 38, Lumberton, Burlington County
- Lacey Rd., Manchester Township, Ocean County
- Bridgeton Pike, Mantua, Gloucester County
- Swedesboro Road, Mullica Hill, Gloucester County
- Route 33, Robbinsville, Mercer County
- Hamilton St., Somerset, Somerset County
- Asbury Ave., Tinton Falls, Monmouth County
- Marshall Hill Rd., West Milford, Passaic County
- S. Black Horse Pike, Williamstown, Gloucester County
The exact timeline for these stores to close was not immediately clear, but it could be pretty soon if history is any indication.
Which Pennsylvania Rite Aid Stores Will Close in 2023
Pennsylvania will not be spared from the closings. It looks like 16 stores will be closing in the state. A majority of the Rite Aid stores that will be closing are in the company's home city of Philadelphia.
Scroll a little further to see if your store is on the list.
In September we told you that the chain closed a store in Bristol, Pa. (that's in Bucks County). Plus, Patch.com reports that a Rite Aid store in Lower Makefield Township will close this week.
- 5990 University Blvd. in Coraopolis, Pennsylvania
- 1709 Liberty Ave. in Erie, Pennsylvania
- 6090 Route 30 in Greensburg, Pennsylvania
- 301 Eisenhower Drive in Hanover, Pennsylvania
- 1730 Wilmington Road in New Castle, Pennsylvania
- 700 Stevenson Blvd. in New Kensington, Pennsylvania
- 350 Main St. in Pennsburg, Pennsylvania
- 5612 North 5th St. in Philadelphia, Pennsylvania
- 2401 East Venango St. in Philadelphia, Pennsylvania
- 3000-02 Reed St. in Philadelphia, Pennsylvania
- 7941 Oxford Ave. in Philadelphia, Pennsylvania
- 136 North 63rd St. in Philadelphia, Pennsylvania
- 10 South Center St. in Pottsville, Pennsylvania
- 351 Brighton Ave. in Rochester, Pennsylvania
- 208 East Central Ave. in Titusville, Pennsylvania
- SR 940 and Main St. in White Haven, Pennsylvania
We'll update this with more information soon.