NewsLocal News

Actions

Rite Aid to close six Maryland stores after filing for Chapter 11 bankruptcy

Why hundreds of Rite Aid stores could soon be closed
Posted at 2:02 PM, Oct 18, 2023
and last updated 2023-10-19 07:41:54-04

Six Rite Aid stores in Maryland will be a part of a list of closures as the company has filed for bankruptcy.

Those stores include:

  1. 5624 Baltimore National Pike, Baltimore, MD, 21228
  2. 728 East Pulaski Highway, Elkton, MD, 21921
  3. 5804 Ritchie Highway, Baltimore, MD, 21225
  4. 7501 Ritchie Highway, Glen Burnie, MD, 21061
  5. 7967 Baltimore Annapolis Boulevard, Glen Burnie, MD, 21060
  6. 5 Bel Air South Parkway, Suite 1347, Bel Air, MD, 21015

In 2016, the chain had over 4,600 stores in 31 states.

Currently, Rite Aid has about 2,100 locations in 17 states.

According to Scripps News, the company estimated in June that its net loss for fiscal year 2024 would be between $650 million and $680 million.

For the full list of stores planning to close, view below.