California Hit by Retail Woes: Forty Pharmacy Locations to Shut Down Amid Chain's Bankruptcy

Ash Jurberg

Doors Closing: Bankrupt Pharmacy Chain's Decision to Shutter Forty Stores in California

I have been updating readers on the ongoing bankruptcy saga engulfing struggling pharmacy chain Rite Aid and its impact on California. Unfortunately, today, even more locations have been listed to close.

Let's take a look at the ongoing story.

Bankruptcy Blues

Rite Aid was founded in 1965 but has struggled recently, and last month, it filed for bankruptcy after incurring $ 3.3 billion in unpaid debt.

Rite Aid operates over 2,330 stores in 17 U.S. states, but this number is rapidly declining. The chain recently closed a raft of stores- 145 closed in 2022, and 25 have closed this year. In October, as part of their bankruptcy filing, they announced that 154 locations nationwide would soon close, including thirty-one in California.

On November 2, Rite Aid filed a new document increasing the number of stores they wish to close across the U.S. to 179, including one more in California.

"Rite Aid has served customers and communities across our country for more than 60 years, and the important actions we are taking today will enable us to move ahead as a stronger company. With the support of our lenders, we look forward to strengthening our financial foundation, advancing our transformation initiatives, and accelerating the execution of our turnaround strategy. In doing so, we will be even better able to deliver the healthcare products and services our customers and their families rely on – now and into the future." Jeffrey Stein, chief executive officer and chief restructuring officer of Rite Aid

However, that wasn't the end of the closures. On November 7, another store closure request was submitted, adding another fifteen stores, including another in California. Since then Rite Aid has made two more filings advising of more locations due to close.

Rite Aid stores in California Closing

The initial list had these thirty-one locations.

  • Dana Point: 24829 Del Prado
  • Laguna Niguel: 30222 Crown Valley Parkway
  • Yorba Linda: 19701 Yorba Linda Boulevard
  • Santa Ana: 1406 West Edinger Avenue
  • Ventura: 2738 East Thompson Boulevard
  • Oxnard: 720 North Ventura Road
  • Cupertino: 20572 Homestead Road
  • Santa Clara: 2620 El Camino Real
  • Santa Cruz: 901 Soquel Avenue
  • Atwater: 571 Bellevue Road
  • Citrus Heights: 5409 Sunrise Boulevard
  • Sacramento: 1309 Fulton Avenue
  • Costa Mesa: 3029 Harbor Boulevard
  • Ontario: 3000 South Archibald Avenue
  • La Mirada: 15800 Imperial Highway
  • Irvine: 8509 Irvine Center Drive
  • Monterey: 499 Alvarado Street
  • Los Angeles: 4044 Eagle Rock Boulevard,
  • Los Angeles: 4046 South Centinela Avenue,
  • Los Angeles: 959 Crenshaw Boulevard
  • Downey: 7859 Firestone Boulevard
  • Long Beach: 4402 Atlantic Avenue
  • Burbank: 935 North Hollywood Way
  • Covina: 139 North Grand Avenue
  • La Puente: 13905 Amar Road
  • Alhambra: 920 East Valley Boulevard
  • Oceanside: 3813 Plaza Drive
  • Ramona: 1670 Main Street
  • San Diego: 6505 Mission Gorg Road
  • San Diego: 8985 Mira Mesa Boulevard
  • Menifee: 25906 Newport Road

The November 2 filing added this location.

  • 1375 Rocking W Drive, Bishop

Another location was added in the November 7 filing.

  • 6007 Clark Rd, Paradise

While the November 16 filing didn't list any more Californian locations, the November 28 filing added another seven.

  • 11230 Donner Pass Rd, Truckee
  • 1020 Al Tahoe Blvd, South Lake Tahoe
  • 1475 41st Ave, Capitola
  • 49060 Road 426 Oakhurst
  • 5747 Kanan Rd, Agoura
  • 1350 North Vasco Rd, Livermore
  • 4980 Freeport Blvd, Sacramento

This brings the list of Rite Aid stores to close in California to forty.

Pharmacy Deserts

Rite Aid isn't the only pharmacy chain closing stores. CVS stated in 2021 they would close 300 stores annually until 2024, while Walgreens will close 150 locations across the United States over the coming months.

There are fears this could lead to pharmacy deserts.

"Pharmacy deserts have been a longstanding issue that has gotten worse with recent closures of both independent and chain pharmacies... When pharmacies close, there are some people who stop taking their medications — especially if they live in pharmacy deserts. Others may take time off work or delay picking up their prescriptions...The mass closure of pharmacies fail vulnerable communities." Dima Qato, an associate professor at the University of Southern California School of Pharmacy

There are fears pharmacy deserts will have a particular toll on Black, Latino, low-income, and uninsured households according to Juan Tapia-Mendoza, a community pediatrician.

Your thoughts

Do these closures impact you? Are you concerned about the future of the Rite Aid business? Do you fear too many pharmacy stores are closing? Is there anything Gov. Newsom can do to prevent pharmacy deserts?

Please leave your thoughts in the comments section below and share this article with others so more people can join the discussion.

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