Rite Aid Closes Even More Locations: Was Your Store Impacted?

It’s been tough for Rite Aid customers as the pharmacy chain announced it’s shutting down more locations.

The company’s bankruptcy plans were approved in June, allowing it to cut $2 billion in debt as part of a restructuring plan. The plan also means cutting stores from the company’s portfolio.

If you counted on your local Rite Aid to help you save on everyday essentials , check this list to see if your store will be closing.

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1. Michigan

• 50290 Gratiot Ave., Chesterfield
• 6535 Paw Paw Ave., Coloma
• 3050 Union Lake Road, Commerce Township
• 5650 Schaefer Road, Dearborn
• 102 State Road, Dowagiac
• 13157 1/2 Schavey Road, Dewitt
• 2880 E. Highland Road, Highland
• 2263 Cedar St., Holt
• 4562 W. Houghton Lake Drive, Houghton Lake
• 7358 Secor Road, Lambertville
• 1750 Gratiot Blvd., Marysville
• 117 N. Mission St., Mount Pleasant
• 1664 W. Grand River Ave., Okemos
• 1607 24th St., Port Huron
• 66711 Gratiot Ave., Richmond
• 1470 Tittabawassee Road, Saginaw
• 13500 19 Mile Road, Sterling Heights
• 4110 E. 9 Mile Road, Warren

Michigan’s Rite Aid locations continue a trend of closures. The state has seen several stores leave since the company first announced it would be filing for bankruptcy in October.

This batch of stores represents another 18 locations that will be shut down as part of the company’s restructuring plan.

2. Ohio

• 2916 Linden Ave., Dayton
• 210 Main St., Toledo
• 10 W. National Road, Vandalia
• 207 N. Court St., Medina
• 3230 W. Elm St., Lima
• 105 Golden Gate Plaza, Maumee
• 825 Main St., Zanesville
• 2220 S. Locust St., Canal Fulton
• 3710 Shawnee Road, Lima
• 801 Dixie Highway, Rossford
• 14973 South Ave., Columbiana
• 5795 State Road, Parma
• 4 Newark Road, Mount Vernon

The new set of 13 locations is another round of closings that Rite Aid customers have had to ensure over the past several months with two additional rounds of shutdowns.

When did Rite Aid start closing stores?

Rite Aid began to shut down locations when it first announced it would be filing for bankruptcy in October 2023.

The company’s original announcement said it would initially close around 150 locations, with more than 40 stores closing in Rite Aid’s home state of Pennsylvania.

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How many stores are closing in total?

The number of stores shutting down grew after the original announcement with more locations getting shuttered in the past few months.

The company started with 2,000 locations in October before the announcement. Still, it will likely end up with around 1,300 stores when it finally cuts enough locations to help it through its Chapter 11 bankruptcy filing.

What will happen to customer prescriptions?

If you have a prescription with Rite Aid, it’s a good idea to check with the retailer and find out what you should do with your current prescriptions.

Some prescriptions may be transferred to your local Walgreens or you may be able to arrange an alternative to get your prescriptions filled somewhere else.

Are there alternative options for prescriptions?

You don’t have to take your prescriptions to another local pharmacy chain, and there are other options you may not have considered before.

Stores like Costco and Sam’s Club have pharmacies that you can use to fill your prescriptions instead.

You may also want to go online to places like Cost Drugs Plus, which can help you get the same prescriptions for less if they’re available.

Why did Rite Aid file for bankruptcy?

Rite Aid has been struggling in recent years with billions of dollars in debt that it needed to account for, which included shutting down stores.

The company has faced debt issues due to slumping sales as well as legal issues with filling painkiller prescriptions that may have been done illegally.

What other pharmacy chains are being affected?

Rite Aid isn’t the only pharmacy chain that’s been struggling with financial issues and isn’t the only one that has closed locations due to money struggles.

CVS and Walgreens have also recently closed locations as they fight financial problems, and locations across the country have been affected by shutdowns.

What other retailers are closing?

Pharmacies aren’t the only retail spaces affected by closures to help cut costs. Retailers like Macy’s and Dollar Tree have closed locations due to a tough financial environment.

Other retailers, like The Body Shop and Rue21, have closed all their retail locations in the U.S.

Bottom line

It can be hard to deal with your local stores closing and trying to find a new spot to save money on groceries and prescriptions, but there are options.

Find loyalty programs or check for a mobile app for your local stores to see if you can find additional ways to save or earn perks and points to help you keep cash in your pocket.

Money tips that can work for everyone

No matter what your bank account balance is, there's always an opportunity to optimize and improve your finances. Here's a quick checklist of things you can look at today.

Focus on paying off your debt . Debt can hold you back from making progress with your overall financial well-being. Aside from cutting expenses, there are tools that can help you pay off debt faster like balance transfer credit cards and debt counseling.

Earning extra income can give you breathing room. If finances are tight, earning some extra money to supplement your income can make a huge difference. A new job is one option to consider, but if you're not ready to make a big change or already retired, a part-time side job could be a better choice.

Cut your expenses. It sounds painful and so not fun, but it doesn't have to be. Take a look at your biggest expenses because that's where you'll probably find the biggest savings. For example, auto insurance rates have been soaring so shopping around for a new insurance company can be the fastest way to cut your bill. Also, look for ways to cut your grocery bill (despite rising inflation).