22 Rite Aid Stores Closing In CA; Among 77 Nationwide

CALIFORNIA — Rite Aid plans to close 77 stores nationwide, including 22 in California, new court documents show:

• 5520 Woodruff Ave., Lakewood
• 8694 Lake Murray Blvd., San Diego
• 1020 East Broadway St., Needles
• 11350 Victory Blvd., North Hollywood
• 9940 Sierra Ave., Fontana
• 968 Murrieta Blvd., Livermore
• 260 North Sanderson Ave., Hemet
• 6767 Westminster Blvd., Westminster
• 10989 Ventura Blvd., Studio City
• 2647 West Foothill Blvd., La Crescenta
• 3230 West Slauson Ave., Los Angeles
• 630 East 1st St., Tustin
• 1615 Main St., Susanville
• 700 East Redlands Blvd. Ste. A, Redlands
• 24991 Alessandro Blvd., Moreno Valley
• 1159 East Los Angeles Ave., Simi Valley
• 2025 East Washington St., Colton
• 4224 East Shields Ave., Fresno
• 11750 Wilmington Ave., Los Angeles
• 9650 Baseline Road, Rancho Cucamonga
• 17904 Magnolia St., Fountain Valley
• 39782 Winchester Road, Temecula

The latest closures come after Right Aid earlier said it planned to close 75 stores across 15 states: California, Connecticut, Delaware, Idaho, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Virginia and Washington. MassLive first reported the closures.

The closures come after the struggling drugstore chain filed for Chapter 11 Bankruptcy in October, and announced plans to close 150 stores. Since filing for bankruptcy, Rite Aid has said it will close 431 stores, according to MassLive.

Rite Aid has said it has faced falling sales, increasing competition, and mounting debt stemming from opioid-related lawsuits.

The chain said on its website it has 1,704 stores in the United States. That number was about 4,600 in 2013, according to Business Insider. About 2,000 stores were sold to Walgreens in 2017 after a deal to sell the drugstore chain to its rival was nixed by federal regulators.

"Rite Aid regularly assesses its retail footprint to ensure we are operating efficiently while meeting the needs of our customers, communities, associates and overall business," a Rite Aid spokesperson told Business Insider. "In connection with the court-supervised process, we notified the Court of certain underperforming stores we are closing to further reduce rent expense and strengthen overall financial performance."

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• Rite Aid To Close These 31 CA Stores Due To Bankruptcy