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Last year, the big pharmacy channels - especially Walgreens and CVS —Cosée a large number of stores through the American AID Rite also experienced major closures in 2023, and now, the retailer had just announced that he planned to continue to reduce the workforce and close at least 45 additional stores in 2024 .

In relation: Large lots close more stores in the coming weeks - here is where .

The fall of Rite Aid became clear last fall. On October 15, the company filed for Chapter 11 bankruptcy In the midst of constantly decreasing sales and an accumulated debt of $ 3.3 billion, CNN reported. Rite Aid had around 2,100 American stores last October, but with the bankruptcy deposit, the company announced that it would be Fence of 154 locations .

Since then, Rite Aid stores have continuously closed across the country. But now three New court documents This month reveals that the company plans to close even more stores in 2024.

The first deposit from January 4 presents 15 additional Rite Help stores that close. This affects locations in New York, New Hampshire, Michigan, Washington, California, Pennsylvania, Massachusetts, Maryland, Idaho and Virginia. The next document published on January 9 details 18 other closures in the following states: New York, Ohio, Pennsylvania, California, Maryland, Massachusetts, Michigan, Washington and Oregon.

Finally, the last judicial file of January 16 added 12 additional closures to the growing list of Rite Aid. California, New York, Ohio and Oregon will be affected again, while Connecticut and Delaware are also ready to lose a location.

In relation: CVS closing dozens of pharmacies, from next month .

At the time of the bankruptcy deposit, the CEO of Rite Aid, Jeffrey Stein, said that the company planned to "do it" with several transformation initiatives. "Rite Aid has served customers and communities across our country for over 60 years," he said in a Release in October 2023 . "We remain focused on the service of our customers and our communities, and we are grateful to continue to choose our stores and pharmacies for their health care needs."

One of these main initiatives is focused on optimizing the company's store's footprint, and the retailer has already warned that he could continue to definitively reduce his physical spaces while working to overcome bankruptcy . AE0FCC31AE342FD3A1346EBB1F342FCB

"As part of the court supervised by the court, the company will continue to assess its footprint and close additional underperformant stores," said Rite Aid in its communication. "These efforts will still reduce the company's rent costs and should strengthen its overall financial performance."

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