Three local Rite Aid stores are among 151 locations that will close as a result of the company’s ongoing bankruptcy proceedings.
In a recent court filing , the company said it would close locations in 10 states, its largest batch of closures since the Chapter 11 process began several weeks ago.
The three in Cumberland County are: Bridgeton: 1070 North Pearl St. and 52 East Broad St. and Vineland: 7 West Landis Ave.
Every Rite Aid store will eventually close or be sold to another entity, but many customers and employees have faced uncertainty about the fate of their local Rite Aid locations in the interim, as the company has not publicly shared many detailed updates.
On May 15, Rite Aid reached deals to sell off most of its pharmacy assets, including agreements with Walgreens, Albertsons, and others. A total of 15 New Jersey stores are closing in this round.
