Rite Aid to lower curtains at 31 California stores within its restructuring plan presented this Monday, October 16, before the United States Bankruptcy Court.
The company reported that would close at least 154 stores in the countrywhen it had previously been said that the suspension of activities could reach around 500 stores.
The retail pharmacy chain declared bankruptcy amid a decline in sales and facing several opioid-related lawsuits.
Rite Aid seeks to reduce its debt while attempting to resolve claims in an equitable manneraccording to representatives of the chain.
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10 stores will close in Los Angeles Countywhile in Orange County service will be suspended in six locations, two in Ventura County and two more in the Inland Empire.
Four stores will stop operating in San Diego Countywhile in northern counties of the Golden State 7 pharmacies will close.
This Tuesday, Rite Aid said in an email that many of the stores on the list have already closed and received extensive notice of the closure, while other of their locations that are still offering service will close their doors in the coming weeks.
It is currently unknown when the Rite Aid pharmacies contemplated for closure in California will stop offering service, but patients’ prescriptions are expected to be transferred to other pharmacies.
Addresses of Rite Aid pharmacies that will stop operating in the state of Californiapreceded by their respective store number.
Los Angeles County
5448: 4044 Eagle Rock Boulevard, Los Angeles.
6288: 959 Crenshaw Boulevard, Los Angeles.
5457: 4046 South Centinela Avenue, in Los Angeles.
5466: 7859 Firestone Boulevard in Downey.
5521: 4402 Atlantic Avenue, Long Beach.
5571: 935 North Hollywood Way, Burbank.
5585: 139 North Grand Avenue, Covina.
5593: 13905 Amar Road, in La Puente.
5611: 920 East Valley Boulevard, in Alhambra.
6333: 15800 Imperial Highway, in La Mirada.
Orange County
5735: 24829 Del Prado, Dana Point.
6717: 8509 Irvine Center Drive, Irvine.
5753: 30222 Crown Valley Parkway, Laguna Niguel.
5757: 19701 Yorba Linda Boulevard, Yorba Linda.
5760: 1406 West Edinger Avenue, Santa Ana.
6213: 3029 Harbor Boulevard, Costa Mesa.
inland empire
6318: 3000 South Archibald Avenue, Ontario.
5730: 25906 Newport Road, Menifee.
Ventura County
5772: 2738 East Thompson Boulevard, in Ventura.
5780: 720 North Ventura Road, Oxnard.
San Diego County
5635: 3813 Plaza Drive, Oceanside.
5638: 1670 Main Street, Ramona.
5657: 6505 Mission Gorge Road, San Diego.
5661: 8985 Mira Mesa Boulevard, San Diego.
Northern California
5967: 20572 Homestead Road, Cupertino.
5976: 2620 of El Camino Real, in Santa Clara.
5979: 901 Soquel Avenue, in Santa Cruz.
6001: 571 Bellevue Road in Atwater.
6045: 5409 Sunrise Boulevard, Citrus Heights.
6080: 1309 Fulton Avenue, Sacramento.
6769: 499 Alvarado Street, in Monterey.
Rite Aid is a 60-year-old company and managed to operate nearly 2,100 retail pharmacies in the United States, mainly in coastal states.
The company reported that its revenue fell to $5.7 billion in the fiscal quarter ending June 3 compared to $6 billion in 2022, for an estimated net loss of $306.7 million dollars.
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