In Lancaster County, a Rite Aid shop is closing.
The Lancaster store located at 825A E. Chestnut St. is shutting.
Rite Aid revealed the store’s inclusion on its most recent closure list in a bankruptcy filing on Friday.
Rite Aid is navigating its second bankruptcy case, and the most recent batch of shop closures joins the hundreds of locations that have already been revealed.
The 829 Rite Aid stores that the corporation had previously said it will close are joined by the 118 closures on its most recent list.
In order to pursue a strategic and value-maximizing selling process for nearly all of its assets, Rite Aid filed for bankruptcy a second time last month.
It is anticipated that the majority of Rite Aid’s 1,200+ locations would close.
Rite Aid declared that it had signed contracts for the pharmacy assets of over 1,000 of its locations nationwide.
According to CVS Pharmacy, it has reached an agreement to purchase and run 64 Rite Aid pharmacies in Idaho, Oregon, and Washington, as well as the prescription records of 625 Rite Aid pharmacies in 15 states that CVS serves.
The prescription records of numerous Rite Aid pharmacies in Ohio and Pennsylvania will be purchased by Giant Eagle.
Eleven Rite Aid pharmacies in New York and Pennsylvania have agreed to sell their prescription data to Weis Markets.
Nine states have consented to let Walgreens buy prescription paperwork.
Additionally, Albertsons and Kroger have agreed to purchase prescription data.
According to Reuters, the U.S. Bankruptcy Court authorized those arrangements.
Rite Aid has declared that four of its locations in Lancaster County, including the Lancaster location, will close following its second bankruptcy filing. The last three shops are in
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Manor Township
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Quarryville
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West Hempfield Township
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Another Cumberland County Rite Aid to close amid bankruptcy proceedings
