Troubled Pharmacy Chain Closing Another MA Location

MASSACHUSETTS — Rite Aid is closing 151 additional stores nationwide as it traverses its second bankruptcy, and one location in Massachusetts will be among those shuttered.

The latest round of closings was revealed in U.S. Bankruptcy Court filings last week. This filing will bring the total number of closures to 268 across the country.

Rite Aid filed for bankruptcy on May 4 for the second time in less than two years after the previous restructuring lessened the pharmacy chain's debt but still left it on unsound financial footing.

The company listed liabilities in the range of $1 billion to $10 billion in a Chapter 11 petition filed in bankruptcy court.

A location at 1031 Main St., in Clinton, is the latest in Massachusetts to close, according to a new list.

Rite Aid has begun the process of transferring customer prescriptions elsewhere as the chain winds down operations. Before the bankruptcy declaration, Rite Aid had eight million pharmacy customers.

Customers have until June 6 to use any Rite Aid gift cards, coupons, or rewards. Returns or exchanges will be processed or accepted until June 4.

• Read more: Major Pharmacy Chain Will Close Its Remaining Stores In MA
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