Rio Linda Online News – More than 200 Rite Aid stores nationwide have been slated for closure as the retail pharmacy chain navigates its ongoing bankruptcy proceedings, with several locations in the Sacramento area directly impacted. These recent filings mark the fifth and sixth rounds of closures, affecting over 230 Rite Aid pharmacies across 14 states.
While the exact timeline for these closures remains fluid due to potential objections in court, the news signals a significant shift in the retail landscape for many communities, including our own.
Sacramento Area Rite Aid Stores Identified for Closure:
- Sacramento: 4221 Norwood Avenue
- Sacramento: 980 Florin Road
- Sacramento: 7860 Gerber Road
- Stockton: 1050 North Wilson Way
- Woodland: 295 West Main Street
- Yuba City: 1590 Butte House Road
- Modesto: 1707 McHenry Avenue
- Lodi: 520 West Lodi Avenue
These closures are part of a larger nationwide effort by Rite Aid, which has now identified nearly 600 locations for shutdown since entering Chapter 11 bankruptcy. The company previously stated that stores would remain open as they work to transfer prescriptions, and other pharmacies are reportedly preparing to assist customers during this transition.
The broader picture shows that the financial struggles for Rite Aid are deep-seated, with the company re-entering bankruptcy protection earlier this year after a previous filing in October 2023. While all of Rite Aid’s roughly 1,240 stores were recently listed for sale, other pharmacy chains are already stepping in. CVS, for example, has agreed to acquire and operate 64 Rite Aid stores in other states, and Walgreens has reached an agreement to acquire prescription files from some locations.
For residents in Rio Linda and the surrounding Sacramento region, these closures highlight the changing face of local retail and access to pharmacy services. As more details emerge from the bankruptcy court, Rio Linda Online will continue to provide updates on how these closures will affect our community.