Rite Aid names 6 more New Hampshire stores for – Business News
Rite Aid has recognized six more New Hampshire stores for closure because the bankrupt pharmacy chain continues to wind down its retail footprint nationwide.
The newest spherical of closures contains stores in Hillsborough, Jaffrey, Littleton, Meredith, Newport and Winchester, in accordance with federal chapter court docket filings cited by the New Hampshire Union Leader.
The additions convey the whole quantity of Granite State areas slated to close to 14.
Rite Aid has recognized six more New Hampshire stores for closure because the bankrupt pharmacy chain continues winding down operations nationwide. Bloomberg through Getty Images
The company filed for Chapter 11 chapter safety in May of final yr and has stated it intends to wind down its operations because it seeks patrons for its remaining property, together with store leases.
The New Hampshire stores beforehand recognized for closure are positioned in Bristol, Durham, Exeter, Keene, Lee, Lincoln, North Hampton, Peterborough and Pittsfield, in accordance with the filings.
The newest closures are anticipated to create further challenges for residents in rural communities who depend on Rite Aid for prescriptions and different pharmacy providers.
Plymouth-based Mid-State Health, a federally certified group health heart, stated sufferers in Bristol and Lincoln already face restricted pharmacy choices and urged prospects to make preparations earlier than their native Rite Aid closes.
“I think that is going to have a dramatic negative impact” in Bristol, Mid-State Health CEO Bob MacLeod advised the Union Leader.
The newest spherical of Rite Aid closures contains stores in Hillsborough, Jaffrey, Littleton, Meredith, Newport and Winchester, in accordance with federal chapter court docket paperwork. Getty Images
“Folks are either going to have to go south of Bristol to maybe areas like Tilton or have to come back to the Plymouth area.”
MacLeod stated Mid-State is exploring including in-house pharmacy providers at its Bristol and Lincoln health facilities to help offset the loss.
While some communities reminiscent of Plymouth nonetheless have alternate options together with CVS, Hannaford, Walmart and Mid-State’s current in-house pharmacy, MacLeod warned that entry to medicines is turning into “yet another challenge” in elements of rural New Hampshire.
Rite Aid stated prospects will proceed to obtain pharmacy providers during the chapter course of.
The newest Rite Aid store closures are anticipated to additional scale back pharmacy entry in elements of rural New Hampshire. Bloomberg through Getty Images
“A key priority for Rite Aid is to ensure that as many of our loyal customers as possible continue to receive the pharmacy services and care they require without interruption,” CEO Matt Schroeder stated in a assertion.
The company emerged from an earlier Chapter 11 restructuring in 2024 however sought chapter safety again final yr after persevering with to battle financially.
Many stores have been left with sparsely stocked cabinets as stock dwindles during the wind-down course of.
The Post has sought remark from Rite Aid.
