Crisis Deepens: Bankrupt Pennsylvania Pharmacy Chain Announces Closure of Additional Locations

Ash Jurberg

The number of Rite Aid locations set to close is approaching 250, with fifty-three of them in Pennsylvania

Another week, another round of store closures- that seems to be the ongoing story for the bankrupt Pennsylvania based pharmacy chain Rite Aid as the number of stores to be closed approaches 250, with fifty-three of those in its home state.

Let's take a look at the recent developments.

Rite Aid was founded in Pennsylvania in 1965 but has struggled recently, and last month, it filed for bankruptcy after incurring $ 3.3 billion in unpaid debt. Its stock price has dropped 95% this year.

In October, as part of its bankruptcy filing, it announced that 154 locations nationwide would soon close, including thirty-nine in its home state of Pennsylvania.

Since then, they have filed three more updates, with the total number of closures now totaling 201, including a whopping fifty-three in Pennsylvania.

The stores closing have been underperforming and will be closed “to further reduce rent expense and strengthen overall financial performance," says Rite Aid spokesperson Catherine Carter.

Rite Aid stores in Pennsylvania Closing

The initial list had these thirty-nine locations.

  • Quakertown: 1080 S. West End Boulevard
  • New Kensington: 700 Stevenson Boulevard
  • Rochester: 351 Brighton Avenue
  • Bethel Park: 5235 Library Road
  • Moon Township: 5990 University Boulevard, Suite 30
  • Pittsburgh: 2501 Saw Mill Run Boulevard
  • Pittsburgh: 5410 Keeport Drive
  • Greensburg: 6090 Route 30
  • Export: 4830 William Penn Highway
  • New Castle: 1730 Wilmington Road
  • Bethlehem: 2178 W. Union Boulevard
  • Allentown: 1628 South Fourth Street
  • Philadelphia: 2401 East Venango Street
  • Philadelphia: 6327-43 Torresdale Avenue
  • Philadelphia: 5612 N. Fifth Street
  • Philadelphia: 4011 Cottman Avenue
  • Philadelphia: 11750 Bustleton Avenue
  • Philadelphia: 315 East Washington Lane
  • Philadelphia: 2801 W. Dauphin Street
  • Philadelphia: 8235 Stenton Avenue
  • Philadelphia: 7941 Oxford Avenue
  • Philadelphia: 136 North 63rd Street
  • Philadelphia: 5440 Lansdowne Avenue
  • Conshohocken: 200 W. Ridge Avenue, Suite 112
  • Hanover: 301 Eisenhower Drive
  • Mechanicsburg: 7036 Wertzville Road
  • Erie: 2715 Parade Street
  • Erie: 1709 Liberty Street
  • Pennsburg: 350 Main Street
  • Abington: 1441 Old York Road
  • Johnstown: 300 Market Street
  • Levittown: 8716 New Falls Road
  • Ardmore: 169 West Lancaster Avenue
  • West Pittston: 801 Wyoming Avenue, Suite 9
  • Yardley: 657 Heacock Road
  • Tobyhanna: 674 Route 196, Suite 14
  • Yeadon: 950 East Baltimore Pike
  • Chester: 2722 West 9th Street
  • Titusville: 208 East Central Avenue

The November 2 filing added these four locations in Pennsylvania.

  • Oxford: 55 North 3rd St
  • Butler: 178 Point Plaza
  • Lebanon: 1130 Cumberland St
  • Carlisle: 429 South Hanover St

Another four locations were added in the November 7 filing.

  • Philadelphia: 810 S Broad St
  • Mechanicsburg: 30 Cumberland Parkway
  • Dresher: 1650 Limekiln Pike
  • Melrose Park: 1401 West Cheltenham Ave

Two more locations were added on November 16.

  • Route 202: 306 Town Center
  • State College: 1927 Atherton St

Before Thanksgiving, there were no more additions, but in a court filing on November 28, another 31 locations were added to the closure list, including four more in Pennsylvania.

  • 27 Paoli Pike, West Chester
  • 821 East Bishop St, Bellefonte
  • 6200 Saltsburg Rd, Pittsburgh
  • 2545 Araminfo Ave, Philadelphia

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. Shapiro 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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