Pharmacy Chain Closing PA Stores Amid Bankruptcy

PENNSYLVANIA — Rite Aid will close 47 locations in the infancy of its second bankruptcy, including eight stores in Pennsylvania.

After the pharmacy chain filed for Chapter 11 bankruptcy on Monday, it said all stores would remain open as it attempts to essentially sell all of its assets. But court documents filed Tuesday indicated otherwise as they identified the stores initially slated to close.

Additionally, a flyer from A&G Real Estate Partners indicates that nearly all of Rite Aid's 1,240 stores will be listed for sale. The flyer reportedly lists 1,187 retail leases and 50 fee-owned properties across 15 states.

The first Pennsylvania locations slated for closure:

• 304 Market St. – Harrisburg
• 23 North Elm St. – Kutztown
• 3773 Peters Mountain Rd. – Halifax
• 1039 2nd St. Pike - Richboro
• 843 Rostraver Rd. – Belle Vernon
• 400 West Second St. – Berwick
• Pittsburgh Intl Airport – Pittsburgh
• 209 Atwood St. – Pittsburgh

Rite Aid said customers can continue to access pharmacy services and products in stores and online, including prescriptions and immunizations. In connection with the sale process and court-supervised proceedings, the company said it is working to facilitate a smooth transfer of customer prescriptions to other pharmacies. Rite Aid has eight million pharmacy customers.

However, Rite Aid Rewards points no longer are being issued and existing points and bonus cash also will expire per the terms and conditions.

Rite Aid also no longer will honor Rite Aid gift cards or accept any returns or exchanges beginning June 5.