Business & Tech
Pharmacy Chain Closing These 21 CA Stores Amid Bankruptcy
The stores slated for closure are located in metro areas all across the Golden State.
CALIFORNIA — Rite Aid has added to the list of California stores slated to close after the company filed for bankruptcy last week. The chain plans to close 21 store locations across the state, while the fate of hundreds more remains in limbo.
Current planned closures include some stores in Orange, Los Angeles, Napa, Santa Clara, San Diego, Nevada, San Bernardino, Sacramento, Riverside, Butte, San Joaquin and Yuba counties.
The bankruptcy filing was the company’s second in under two years. While most of its stores are expected to remain open for a few months, all locations will eventually close or be sold to a new owner, including its 347 locations in California.
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The following 19 stores were initially listed for closing, according to court documents:
- 211 E. 17th St., Costa Mesa;
- 1331 Wilshire Blvd., Santa Monica;
- 446 E. Washington Blvd., Los Angeles;
- 23 Peninsula Center, Rolling Hills Estates;
- 3300 E. Anaheim St., Long Beach;
- 1203 W. Imola Ave., Napa;
- 1550 Hamilton Ave., San Jose;
- 501 S. Gaffey St., San Pedro;
- 4840 Niagara Ave., San Diego;
- 1534 E. Florence Ave., Los Angeles;
- 32450 Clinton Keith Road, Wildomar;
- 720 Sutton Way, Grass Valley;
- 34420 Yucaipa Blvd., Yucaipa;
- 2751 Del Paso Road, Sacramento;
- 1038 E. Colorado Blvd., Pasadena;
- 6150 Van Buren Blvd., Riverside;
- 220 W. East Ave., Chico;
- 4774 West Lane, Stockton;
- 4920 La Sierra Ave., Riverside.
Two more California stores were included in recent court documents listing additional closing locations:
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- 3860 Sepulveda Blvd., Torrance;
- 5075 Olivehurst Ave., Olivehurst.
Rite Aid is the nation's third-largest pharmacy chain behind CVS and Walgreens. All three have suffered financial difficulties and shuttered hundreds of stores in recent years. Rite Aid had been closing stores and struggling with losses for years before its first bankruptcy filing in 2023.
Rite Aid and its competitors have been dealing with tighter profits on their prescriptions, increased theft, court settlements over opioid prescriptions and customers who are drifting to online shopping and discount retailers. The company operated about 2,000 pharmacies as recently as 2023 but now has only about 1,240 stores as it enters its second bankruptcy.
For a full list of Rite Aid's California locations, visit www.riteaid.com/locations/ca.html.
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