In recent months we have heard the news of several retail brands either going out of business or downsizing by closing locations. The Christmas Tree Shops brand closed all of it's stores in 2023 and Bed, Bath & Beyond was soon to follow.

Today we are learning of the downsizing of the Rite Aid with 77 locations set to close in 2024. At this time at least a dozen of those locations are in New York State.

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Business Insider reports that Rite Aid is moving forward with what the company is calling "voluntary bankruptcy" and closing a current total of more than 225 stores. Rite Aid closed approximately 150 in 2023 and expect to close at least 77 more in 2024.

Fast Company indicates that 14 States will see the loss of Rite Aid locations with California, Pennsylvania, Ohio and New York being hit hardest. Here are the latest on the New York list of closures.

518 news, Rite Aid, New York store closures
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Rite Aid plans to close these New York locations in 2024;

  • Auburn, NY at 153 Grant Aveenue
  • Bronx, NY at 901 East Gun Hill Road
  • Bronx, NY at 1179 East 233rd Street
  • Bronx, NY at 2426-34 Eastchester Road
  • Brooklyn, NY at 249 7th Avenue
  • Brooklyn, NY at 7812 Flatlands Avenue
  • Buffalo, NY at 2474 Bailey Avenue
  • Elmira, NY at 119 West 2nd Street
  • Hartsdale, NY at 196 East Hartsdale Avenue
  • Le Roy, NY at 151 West Main Street
  • Mount Vernon, NY at 47 East Prospect Avenue
  • Poughkeepsie, NY at 40 Vassar Road
518 news, Rite Aid New York closures
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Rite Aid is taking an important action that will enable us to strengthen the Company’s financial foundation and ensure we are well-positioned for long-term success - Statement from Rite Aid

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