Rite Aid near Honesdale closing soon
Digest more
Rite Aid has plans to close at least 13 Washington state locations, including Granite Falls, amid bankruptcy proceedings.
Giant Eagle says it reached an agreement with Rite Aid to transfer pharmacy prescriptions for 78 locations across Pennsylvania and Ohio. The company says it expects to close on the purchase of the prescriptions in "waves" during June, with the first 30 transfers taking effect by the end of next week.
Giant Eagle, Inc. announced it will acquire pharmacy prescriptions from 78 Rite Aid locations in Pennsylvania and Ohio, with transfers set to begin in June. Prescriptions will move to the most convenient Giant Eagle Pharmacy for each customer. One specific location affected is the Rite Aid at 4145 Buffalo Road.
Rite Aid filed for Chapter 11 bankruptcy for the second time in less than two years, announcing plans to sell “substantially all” of its assets.CEO Matt Schroeder attributed the move to mounting financial pressures and rapid transformations in both the retail and healthcare landscapes.
Layoffs at all Rite Aid stores across New York state will begin June 4, according to a Worker Adjustment and Retraining Notification. The WARN notice was posted May 23 to the state’s Department of Labor website.