Fallout from major pharmacy chain closures

Major pharmacy chain closures disproportionately affecting low-income neighborhoods

03:41

Rite Aid has identified additional stores targeted for closure, as the ailing pharmacy chain looks to exit bankruptcy after winning court approval for a restructuring plan late last month.Rite Aid filed for Chapter 11 protection in October 2023 and said it would initially shutter 154 stores. It has since closed more than 520 locations in bankruptcy, or about a quarter of the 2,111 stores that the retailer had been operating when it sought court protection.  In a court document filed on Friday, the company identified additional 18 stores to be shuttered in Michigan and 13 locations targeted for closure in Ohio, as follows:

Michigan102 State Road in Dowagiac13157 1/2 Schavey Road in Dewitt2263 Cedar Street in Holt1607 24th Street in Port Huron66711 Gratiot Avenue in Richmond4110 East 9 Mile Road in Warren7358 Secor Road in Lambertville 2880 East Highland Road in Highland117 North Mission Street in Mount Pleasant1664 West Grand River Avenue in Okemos 13500 19 Mile Road in Sterling Heights1470 Tittabawassee Road in Saginaw5650 Schaefer Road in Dearborn3050 Union Lake Road in Commerce Township4562 West Houghton Lake Drive in Houghton Lake1750 Gratiot Boulevard in Marysville50290 Gratiot Avenue in Chesterfield6535 Paw Paw Avenue in ColomaOhio2916 Linden Avenue in Dayton210 Main Street in Toledo10 W. National Road in Vandalia207 North Court Street in Medina3230 W. Elm Street in Lima105 Golden Gate Plaza in Maumee825 Main Street in Zanesville2220 South Locust Street in Canal Fulton3710 Shawnee Road in Lima801 Dixie Highway in Rossford14973 South Avenue in Columbiana5795 State Road in Parma4 Newark Road in Mount Vernon
More from CBS News

Kate Gibson

Kate Gibson is a reporter for CBS MoneyWatch in New York, where she covers business and consumer finance.