Business & Tech

East Haven Store Added To Pharmacy Chain's Closure List

A local closing has been announced for a once-mighty pharmacy chain.

EAST HAVEN, CT — A local closing has been announced for the once-mighty Rite Aid pharmacy chain.

This time around, it's located in East Haven at 10 Hemingway Ave. Staffers said that no specific date has been announced, but confirmed the store was indeed closing. A few weeks prior to the closing, notices will go out advising that CVS will be taking over subscriptions.

That has been a consistent answer with other doomed Rite Aid locations.

Find out what's happening in East Havenfor free with the latest updates from Patch.

The latest closure designation comes on the heels of last week's declaration that the store at 435 Main St. in Monroe is to close.

That store joins two other Connecticut locations designated for closure two weeks ago.

Find out what's happening in East Havenfor free with the latest updates from Patch.

A staffer answering the phone at the Monroe store said the location could go dark in about a month, but could stay open longer. On paper, the neighboring store at 508 Monroe Turnpike would be an easy option for prescriptions, but the staffer said that, too, would be closing at a yet-unannounced date.

The staffer said prescription services have been sold to CVS.

An Associated Press story backs up that contention. The company plans to sell customer prescription files, inventory and other assets as it closes distribution centers and unloads store locations. Stores will remain open for now, but the company isn’t buying new inventory so bare shelves are likely to become more common.

In Connecticut, the Rite Aid at 1387 New Haven Avenue in Milford is doomed. The pharmacy is slated to go dark on July 30, according to staffers. The front of the store will close roughly two weeks later, they said. The pharmacy at the 190 East Ave. Rite Aid in Norwalk is slated for closure on June 29, with the rest of the store being shuttered sometime in July, according to staffers.

The latest roster trimming comes on the heels of an early May bankruptcy filing — the second time in less than two years. Rite Aid listed liabilities in the range of $1 billion to $10 billion in the Chapter 11 petition filed in New Jersey bankruptcy court.
Connecticut locations closed last month include Cheshire at 180 Main St., Danbury at 113-115 Mill Plain Road and Naugatuck at 56 Rubber Ave.

Rite Aid filed its second bankruptcy after the previous restructuring reduced the pharmacy chain's debt but still left it on shaky financial footing. The Philadelphia-based drug store chain also announced it is seeking a buyer, and said that re-filing for Chapter 11 bankruptcy protection will speed up the process.

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