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CVS is closing 900 stores. Rite-Aid is closing 500. Walgreens announced Tuesday it plans to close 1,200 stores, meaning 1 in 7 will disappear.
Rite Aid is closing nearly 100 stores, with more to follow, as part of its bankruptcy. See the list. Parija Kavilanz, CNN. October 19, 2023 at 8:50 AM. ... In Other News. Entertainment.
A List of Rite Aid's 2024 Store Closings: Here is a list of the Rite Aid store closure this year, confirmed by the company. Note: This list will be updated as more store closures are officially ...
Rite Aid has been closing stores across the nation since filing for bankruptcy. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in ...
In late 2023, Rite Aid announced the closure of 53 more locations. [251] Going into 2024, Rite Aid announced that it would close an additional 77 locations. [252] 53 more stores were added to the closing list in April 2024. [253] Additional closures continued, nearly fully eradicating the pharmacy's presence in Michigan and Ohio. [254]
Rite Aid is in much worse financial shape than its competitors. Over the past six years, Rite Aid has tallied nearly $3 billion in losses and its stock is down more than 90% for the year.
A Rite Aid spokesperson said that the company is closing underperforming stores “to further reduce rent expense and strengthen overall financial performance.”) Those closures are contributing ...
CVS, the largest US chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores by 2024. Walgreens said in 2019 it would close 200 stores and in June announced ...