Rite Aid closing at least 63 stores

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Re: Rite Aid closing at least 63 stores

Post by storewanderer »

Mammoth Lakes...? Very high volume and only other pharmacy is Vons. W...t...f...

Mt. Shasta once had both Thrifty and Payless. Thrifty divested pharmacy to Rays Food Place who closed its pharmacies a few years ago. Payless stayed open as Rite Aid. CVS has a pharmacy only store there they bought from an independent in an old auto service bay.

Closing the other Davis Store too. No Walgreens in Davis. Cannot believe it.

Closing 6520 in Sacramento a newer store in underserved Rio Linda and very busy store... what is this?

Also a number of newer stores on the list. No competition. 65xx 66xx 67xx 68xx store numbers.

I think the competitors just keep eating away at Rite Aid. Picking off whatever locations they want. Rite Aid just submissively says ok. No regard for what will be left of Rite Aid after the vulture competitors eat away at its best stores. I do not think Rite Aid will continue as a chain.

I guess this is better than what the sign walkers thought was going to happen on March 20 at least.

I also expect multiple additional lists after this. They may as well just leave the west coast like the sign walkers seemed to be expecting. These closures gut it bad. Even hit North State pretty good this time.
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Re: Rite Aid closing at least 63 stores

Post by retailfanmitchell019 »

Only one in North San Diego County: Encinitas (Santa Fe/I-5), which is a former Thrifty located next to a Vons (former Safeway). The Vons in the same center does not have a pharmacy.
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Re: Rite Aid closing at least 63 stores

Post by Super S »

Rite Aid 5413 in Boise is the former Marina Safeway at 1515 W. State Street. This one has been remodeled quite extensively on the inside and seemed like a good performer, and has been there a long time. Kinda surprised to see this location pop up on such a list.
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Re: Rite Aid closing at least 63 stores

Post by Bluelightspecial »

storewanderer wrote: March 2nd, 2024, 10:46 am Mammoth Lakes...? Very high volume and only other pharmacy is Vons. W...t...f...
A little off topic, but the Rite Aid in Mammoth Lakes used to be Safeway store before it relocated down Old Mammoth Rd years before Vons took over.
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Re: Rite Aid closing at least 63 stores

Post by norcalriteaidclerk »

mburb1981 wrote: March 1st, 2024, 8:53 pm According to a Facebook post, Rite Aid is seeking "pre-approval" from the bankruptcy court to potentially close about another 195 locations, which would be as follows:,
229 Honesdale, PA
245 Hershey, PA
407 New Brunswick, NJ
652 Oneonta, NY
668 Ronkonkoma, NY
679 Upper Darby, PA
754 Butler, PA
856 Prospect Park, PA
994 Lake Hiawatha, NJ
1081 Drexel Hill, PA
1225 New York, NY
1295 Newport, NH
1433 Norwalk, OH
1451 Mahopec, NY
1563 Philadelphia, PA
1709 Scottdale, PA
1780 Windber, PA
2271 Manchester, PA
2352 Defiance, OH
2509 Warren, MI
2545 Washington, PA
3310 Derby, NH
3315 Marlette, MI
3620 Lancaster, PA
3663 Bronx, NY
3825 Philadelphia, PA
3857 Latrobe, PA
3865 Queens Village, NY
3870 Flushing, NY
3902 Virginia Beach, VA
3978 Brooklyn, NY
4250 Baltimore, MD
4305 Troy, MI
4368 Grosse Pointe Farms, MI
4372 Milford, MI
4382 Midland, MI
4445 Allen Park, MI
4692 Chesapeake, VA
4695 Harrison Township, MI
4708 Waverly, OH
4746 Somerville, NJ
4876 Brooklyn, NY
4961 Pelham, NH
5180 Bothell, WA
5181 Mill Creek, WA
5186 Federal Way, WA
5187 Issaquah, WA
5197 Mercer Island, WA
5205 Woodinville, WA
5217 Seattle, WA
5225 Lake Forest Park, WA
5238 Bellingham, WA
5239 Bellingham, WA
5256 Milton, WA
5267 Bonney Lake, WA
5275 University Place, WA
5307 Spokane, WA
5313 Spokane, WA
5247 Oak Harbor, WA
5322 Beaverton, OR
5326 Clackamas, OR
5329 Lake Oswego, OR
5334 The Dalles, OR
5338 Hillsboro, OR
5351 Portland, OR
5354 Tigard, OR
5369 Lebanon, OR
5373 Eugene, OR
5390 Bend, OR
5408 Lewiston, ID
5413 Boise, ID
5425 Los Angeles, CA
5426 Los Angeles, CA
5430 Los Angeles, CA
5445 Los Angeles, CA
5450 Los Angeles, CA
5462 Beverly Hills, CA
5464 Culver City, CA
5476 Lynwood, CA
5480 Rolling Hills Estates, CA
5484 Venice, CA
5492 Torrance, CA
5494 Whittier, CA
5508 Bellflower, CA
5545 Chatsworth, CA
5551 San Fernando, CA
5567 Van Nuys, CA
5569 Sherman Oaks, CA
5576 Azusa, CA
5592 Hacienda Heights, CA
5597 Monterey Park, CA
5615 Chula Vista, CA
5627 Encinitas, CA
5646 San Diego, CA
5660 San Diego, CA
5668 San Diego, CA
5679 Desert Hot Springs, CA
5684 Palm Springs, CA
5694 Colton, CA
5696 Fontana, CA
5697 Hesperia, CA
5704 Menifee, CA
5712 Riverside, CA
5732 Brea, CA
5749 San Clemente, CA
5782 Port Hueneme, CA
5786 Simi Valley, CA
5811 Bakersfield, CA
5825 Arroyo Grande, CA
5832 Paso Robles, CA
5842 Mammoth Lakes, CA
5846 Rosamond, CA
5865 Fresno, CA
5885 Half Moon Bay, CA
5893 Redwood City, CA
5937 San Leandro, CA
5944 Pleasonton, CA
5957 San Rafael, CA
5958 San Rafael, CA
5959 Maera, CA
5965 Aptos, CA
5988 San Jose, CA
5992 San Jose, CA
5996 Stockton, CA
6023 Santa Rosa, CA
6031 Sebastopol, CA
6033 Ukiah, CA
6048 Davis, CA
6059 Rancho Cordova, CA
6084 Sacramento, CA
6086 Antelope, CA
6095 Redding, CA
6013 Mount Shasta, CA
6207 Corona Del Mar, CA
6214 Compton, CA
6235 Torrance, CA
6255 Pasadena, CA
6276 Hesperia, CA
6310 Salinas, CA
6327 Calabasas, CA
6338 Pomona, CA
6432 Elk Grove, CA
6482 Fontana, CA
6509 Lake Elsinore, CA
6520 Sacramento, CA
6561 Yucaipa, CA
6723 Woodlake, CA
6738 Hollidaysburg, PA
6768 McFarland, CA
6833 Winchester, CA
6928 Kirkland, WA (Bartell)
6939 Gig Harbor, WA (Bartell)
6947 Maple Valley, WA (Bartell)
6956 Seattle, WA (Bartell)
7861 Morgantown, PA
10269 Milford, NH
10273 Salem, NH
10284 Keene, NH
10297 Newmarket, NH
10369 Monroe, CT
10386 Fairfield, CT
10427 Blairstown, NJ
10432 Washington, NJ
10440 Laurel Springs, NJ
10496 Jackson, NJ
10509 Lavallette, NJ
10512 Toms River, NJ
10577 Brooklyn, NY
10584 Brooklyn, NY
10601 Woodside, NY
10648 Massapequa Park, NY
10687 Troy, NY
10790 Endwell, NY
10837 Amherst, NY
10842 Canandaigua, NY
10892 Bridgeville, PA
10924 Pittsburgh, PA
10969 North Huntingdon, PA
11009 Erie, PA
11024 Waynesboro, PA
11059 Lehighton, PA
11081 Luzerne, PA
11095 Souderton, PA
11106 Fairless Hills, PA
11114 Yardley, PA
11122 Wynnewood, PA
11124 Philadelphia, PA
11153 West Chester, PA
11154 West Chester, PA
11162 Lansdale, PA
11193 Rehoboth Beach, DE
11273 Virginia Beach, VA
About the Michigan locations:
  • Warren (14 and Mound) is at a low-key intersection about halfway between Oakland Mall and Van Dyke. 12 and Dequindre (still in Warren), 12 and Hoover (also still in Warren), and 15 and Dodge Park in Sterling Heights are the nearest remaining stores.
  • Marlette is a small-town store about right in the center of the Thumb, and the nearest stores are in towns a fair distance away (Sandusky, Caro and Imlay City).
  • Troy (Maple and Coolidge) is within one of the city's major retail areas, near the city's train station, a mile south of Somerset Collection, and a mile east of downtown Birmingham. This closure leaves Rite Aid with no presence left in Troy (where they had a few stores just a couple years ago), with the nearest stores in Berkley, Royal Oak, and Maple and Lahser in Bloomfield Hills.
  • Grosse Pointe Farms is a downtown store that has at least dated back to the Perry Drug days. This closure leaves Rite Aid with no presence left in the Grosse Pointes, and the nearest store is at Harper and Cadieux in Detroit.
  • Milford is located just north of downtown, at the curve just before the Prospect Hill Shopping Center. The nearest stores are in South Lyon and White Lake.
  • Midland is located on the Ashman Circle northeast of downtown and adjacent to one of the oldest operating Kroger stores in Michigan. This closure leaves Rite Aid with no presence left in Midland (where they had two stores less than a year ago), with the nearest stores in Bay City and Saginaw.
  • Allen Park is in a downtown strip mall in a space that originally housed Wrigley's, then Packer, then Chatham supermarkets before being sold to Perry in the 1980s. The nearest stores are in Wyandotte, Dearborn, and Vernor and Springwells in Detroit.
  • Harrison Township is a former Concord Drug deep within a residential area south of the Selfridge ANG Base halfway between I-94 and Lake Saint Clair. The nearest store is in nearby Mount Clemens.
The locations in question were listed in this docket filing(item 2024).However they since have managed to successfully able to negotiate lease/rent concessions on roughly half of those locations via two docket updates:item 2073 lists lease/rent concessions for most of the Sacramento locations previously mentioned on that 'non-extended leases' listing including store 6086 in Antelope where I have worked for the past four months since the withdrawal from Citrus Heights.*sigh of relief* while item 2213 does likewise for the other Sacramento locations(Auburn,Rancho Cordova)not listed in 2073.Many of the locations listed on 2024 do reasonable volume,being on that list isn't necessarily a death sentence as evidenced on items 2073 and 2213(if it wasn't for these two docket items,the California store count would have plunged below 300 on one fell swoop).

The East Shields store in Fresno(first announced NorCal closure since the Woodland DC closure was publicly announced as Livermore Murietta was already in liquidation if not already closed)is actually a late-2000's replacement for an aging(early-1960's)former Thrifty opposite Cedar,now a salon supply store after being occupied by a Fallas discount store for a number of years.There are a couple of RA-1 build locations(both Wellness remodeled)still open further north along Cedar.

Some more monthly operating reports on the docket of note:
Also,I recently created a thread on the Rite Aid Reddit that at least tries to throw cold water on the insane amount of pessimist/defeatest posts on that sub(and yes I'm still considering the dearth of West Coast 'sign walkers wanted' ads on Craigslist as hoaxes as scams do exist on Craigslist).

For your life,Thrifty and Payless have got it.
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Re: Rite Aid closing at least 63 stores

Post by reymann »

i think i'm starting to see why thrifty ice cream is starting show up at vons/albertsons. i won't speculate closures until something is verified.
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Re: Rite Aid closing at least 63 stores

Post by storewanderer »

Super S wrote: March 2nd, 2024, 12:55 pm Rite Aid 5413 in Boise is the former Marina Safeway at 1515 W. State Street. This one has been remodeled quite extensively on the inside and seemed like a good performer, and has been there a long time. Kinda surprised to see this location pop up on such a list.
Rite Aid owns that building.

That is a high volume store. I think it may still be a 24 hour store. It was also remodeled about 2 years ago into the latest concept interior. I cannot believe it would close. If Rite Aid goes, they go, but another drugstore operator should want that one...

I'm having some serious issues with this list obviously. It just doesn't make sense.
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Re: Rite Aid closing at least 63 stores

Post by norcalriteaidclerk »

storewanderer wrote: March 2nd, 2024, 6:35 pm
Super S wrote: March 2nd, 2024, 12:55 pm Rite Aid 5413 in Boise is the former Marina Safeway at 1515 W. State Street. This one has been remodeled quite extensively on the inside and seemed like a good performer, and has been there a long time. Kinda surprised to see this location pop up on such a list.
Rite Aid owns that building.

That is a high volume store. I think it may still be a 24 hour store. It was also remodeled about 2 years ago into the latest concept interior. I cannot believe it would close. If Rite Aid goes, they go, but another drugstore operator should want that one...

I'm having some serious issues with this list obviously. It just doesn't make sense.
I highly suspect that extraction of landlord concessions was clearly behind the list on docket item 2024.They've succeeded with about half the targeted locations(including my new store as well as Mammoth lakes and possibly downtown Boise)with the new leases listed on docket items 2073 and 2213. Again there seemed to be more strong performers on that list than dog stores.

This week's closure list was the first in weeks and even then amounted to just two locations, both in their Midwest footprint(one location apiece in Marion, Ohio and in Motown).
For your life,Thrifty and Payless have got it.
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Re: Rite Aid closing at least 63 stores

Post by ClownLoach »

reymann wrote: March 2nd, 2024, 5:32 pm i think i'm starting to see why thrifty ice cream is starting show up at vons/albertsons. i won't speculate closures until something is verified.
It really is more widespread sold in supermarkets than you might expect. Lots of independent grocery stores, small mercados and bodegas, etc. have Thrifty ice cream. Gas stations. It's all over, and as I've said before they are a huge supplier to restaurants who usually do not name their brand on their menus. Although Vons/Albertsons might be exciting everyone here, it probably is just to replace the business lost from store closures so far. And it is entirely possible that this has been lined up for a long time as it isn't easy to get into any of these big chains which is one of the reasons the merger was criticized by consumer groups. This could have been a year or more in the making when nobody outside of the C-Suite would have been thinking about a bankruptcy filing.
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Re: Rite Aid closing at least 63 stores

Post by ClownLoach »

norcalriteaidclerk wrote: March 2nd, 2024, 7:03 pm
storewanderer wrote: March 2nd, 2024, 6:35 pm
Super S wrote: March 2nd, 2024, 12:55 pm Rite Aid 5413 in Boise is the former Marina Safeway at 1515 W. State Street. This one has been remodeled quite extensively on the inside and seemed like a good performer, and has been there a long time. Kinda surprised to see this location pop up on such a list.
Rite Aid owns that building.

That is a high volume store. I think it may still be a 24 hour store. It was also remodeled about 2 years ago into the latest concept interior. I cannot believe it would close. If Rite Aid goes, they go, but another drugstore operator should want that one...

I'm having some serious issues with this list obviously. It just doesn't make sense.
I highly suspect that extraction of landlord concessions was clearly behind the list on docket item 2024.They've succeeded with about half the targeted locations(including my new store as well as Mammoth lakes and possibly downtown Boise)with the new leases listed on docket items 2073 and 2213. Again there seemed to be more strong performers on that list than dog stores.

This week's closure list was the first in weeks and even then amounted to just two locations, both in their Midwest footprint(one location apiece in Marion, Ohio and in Motown).
I don't want to spread false hope, but as I understand it these docket filings stating leases "accepted" may mean those are new obligations locked down. As in stores definitely kept. I don't recall seeing other bankruptcies that ultimately went to liquidation ever filing for the assumption of any leases. I believe this amounts to brand new liabilities being approved by the court for go forward post BK operations.
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