47 Rite Aid locations identified for first round of closures, court documents show

(WHTM) — After filing for bankruptcy for a second time earlier this week, court documents indicate pharmacy giant Rite Aid could soon begin closing stores before auctioning off its leases and buildings.

On Monday, Rite Aid, headquartered in Philadelphia, formally filed for bankruptcy, just months after emerging from a 2023 bankruptcy filing as a private company.

Now, nearly all of its 1,240 stores are expected to be listed for sale, pending court approval, by A&G Real Estate Partners. A flyer shared with Nexstar’s WHTM lists 1,187 retail leases and 50 fee-owned properties across 15 states.

The full list of store sales is linked below:

A&G Real Estate Partners says they anticipate rolling bid deadlines and auctions over the next few months, starting in May. Court documents outlining the expected auction process were filed Tuesday.

Rite Aid previously said stores would remain open as they work with customers to transfer their prescriptions elsewhere. Additional court documents filed Tuesday, however, outlined the Rite Aid locations projected to be among the first wave of closures. The plan still needs court approval, the case docket shows.

Those stores span across nine states:

California

• 1331 Wilshire Boulevard, Santa Monica
• 446 East Washington Boulevard, Los Angeles
• 23 Peninsula Center, Rolling Hills Estates
• 3300 East Anaheim Street, Long Beach
• 1203 West Imola Avenue, Napa
• 1550 Hamilton Avenue, San Jose
• 501 South Gaffey Street, San Pedro
• 4840 Niagara Avenue, San Diego
• 1534 East Florence Avenue, Los Angeles
• 32450 Clinton Keith Road, Wildomar
• 720 Sutton Way, Grass Valley
• 34420 Yucaipa Boulevard, Yucaipa
• 2751 Del Paso Road, Sacramento
• 1038 East Colorado Boulevard, Pasadena
• 6150 Van Buren Boulevard, Riverside
• 220 West East Avenue, Chico
• 4774 West Lane, Stockton
• 4920 La Sierra Avenue, Riverside
• 211 East 17th Street, Costa Mesa

Connecticut

• 180 Main Street, Cheshire
• 113-115 Mill Plain Road, Danbury
• 56 Rubber Avenue, Naugatuck

Massachusetts

• 1031 Main St., Clinton

New Hampshire

• 19 Wilton Road Ste 1A, Peterborough
• 354 Winchester Street, Keene
• 75 Portsmouth Avenue Unit 1, Exeter

New Jersey

• 75 South Main Street, Neptune
• 403 Sicklerville Road, Sicklerville

New York

• 8222 18th Avenue, Brooklyn
• 55-60 Myrtle Avenue, Ridgewood
• 5901 Bay Parkway, Brooklyn
• 50-15 Roosevelt Avenue, Woodside
• 60-26 Woodside Avenue, Woodside

Oregon

• 2521 South Sixth Street, Klamath Falls
• 700 S.E. 3rd Street, Bend
• 514 NE 181st Avenue, Portland
• 1400 West 6th Street, The Dalles

Pennsylvania

• Pittsburgh International Airport, Pittsburgh
• 209 Atwood Street, Pittsburgh
• 304 Market Street, Harrisburg
• 3773 Peters Mountain Road., Halifax
• 843 Rostraver Road, Belle Vernon
• 400 West Second Street, Berwick
• 23 North Elm Street, Kutztown
• 1039 2nd Street Pike, Richboro

Washington

• 250 Basin Street SW, Ephrata
• 248 Bendigo Blvd S, North Bend

Closures are also pending court approval.

In a letter from Rite Aid CEO Matthew Schroeder to employees obtained by Nexstar’s WHTM, Schroeder states that a first round of employment termination began on Monday. The letter listed impacted locations as the Rite Aid Valley Green Office Facility in Etters, Pennsylvania, and the Rite Aid Collaboration Center in Philadelphia.

“We apologize that we were unable to provide more advance notice of this action,” the letter states. “We are providing this notice to you as soon as practicable. Rite Aid has been actively seeking capital, including negotiating with its lenders for additional capital to continue to run its business. Unfortunately, our efforts were unsuccessful.”