Pharmacy Chain Closing VA Stores Amid Bankruptcy

VIRGINIA — Rite Aid is closing 68 more locations in seven states as it maneuvers through its second bankruptcy, including four stores in Virginia.

The latest closures were revealed in a new filing in the U.S. Bankruptcy Court for the District of New Jersey and are in addition to the 47 locations the company said it would shutter in separate documents filed last week.

The company, which currently operates 1,240 stores across 15 states, announced on May 5 that it had begun bankruptcy proceedings and would start to close and sell its stores.

The following Virginia locations were included in the latest round of closures, according to USA Today:

• 115 Brunswick Square Court, Lawrenceville
• 144 Scottsville Center, Scottsville
• 4171 Lee Jackson Hwy. Ste 113, Greenville
• 200 Augusta Avenue, Grottoes

Rite Aid has 31 remaining stores in Virginia, including the four slated for closure, down from 64 in 2023. The chain closed several locations in recent years as part of its restructuring plan.

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

Rite Aid will also no longer honor gift cards or accept any returns or exchanges beginning June 5.
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 operated about 2,000 pharmacies as recently as 2023 but now has only about 1,240 stores as it enters its second bankruptcy.

Patch editor Eric Heyl contributed reporting.