topic Re: Rite Aid closing store in Michigan and Ohio in Wellness

Rite Aid closing store in Michigan and Ohio

Group 5 minus 1 — Mon, 01 Jul 2024 12:29:59 GMT

App. 27 more stores in Michigan and Ohio. We were in one yesterday to pick up an Rx for our pet. The shelves are very empty. Also word on the street is that the one in our small town is about to close July 17.

Re: Rite Aid closing store in Michigan and Ohio

meallen616 — Mon, 01 Jul 2024 12:34:16 GMT

I have read that they closed 6 stores in Jersey and more to come...

Re: Rite Aid closing store in Michigan and Ohio

SilleeMee — Mon, 01 Jul 2024 14:09:02 GMT

Walgreens is closing stores, too.

ETA-

One of our local WG closed after 20 years in one particular location. That area has been crime-ridden for a long time and has put that WG in a bad situation. Other than that the store appeared to be busy all of the time. I really don't blame them for closing that store. It was a magnet for crime.

Re: Rite Aid closing store in Michigan and Ohio

DrakesMomma — Mon, 01 Jul 2024 12:36:44 GMT

They are closing one in the small city I live in. That will leave the west side of the city without quick access to a pharmacy.

Re: Rite Aid closing store in Michigan and Ohio

catter70 — Mon, 01 Jul 2024 12:40:46 GMT

My Rite Aid closed a year or more ago in Pa. It was right across the street from a Walgreens and near CVS, Walmart, Wegman's, Giant and Weis which all have pharmacies.

Re: Rite Aid closing store in Michigan and Ohio

TheWanderingOne — Mon, 01 Jul 2024 13:00:18 GMT

According to an article in the Detroit Free Press on 6/20/24, workers at Rite Aid say that they're closing ALL stores in Michigan and transferring the prescriptions to Walgreen.

There are a couple of them in my town, and they're both dumps.

Re: Rite Aid closing store in Michigan and Ohio

cheriere — Mon, 01 Jul 2024 13:27:30 GMT

@Group 5 minus 1 wrote:
App. 27 more stores in Michigan and Ohio. We were in one yesterday to pick up an Rx for our pet. The shelves are very empty. Also word on the street is that the one in our small town is about to close July 17.

I'm so sorry to hear that. My Rite Aid was taken over by Wal Greens, was open for a couple more years before finally closing. The pharmacist told me Wal Greens was buying up a bunch of Rite Aid stores. If they don't make enough money to suit them, they close. This really hurt me. I'd been a customer for over 35 years. Now, I have to travel nearly 45 minutes to the nearest Wal Greens.😔

Re: Rite Aid closing store in Michigan and Ohio

cindyNC — Mon, 01 Jul 2024 14:10:41 GMT

We only had one Rite Aid in our town but 3 CVS, 2 Walgreens, and a Walmart. The Rite Aid was closed after Walgreens purchased it.

Re: Rite Aid closing store in Michigan and Ohio

We rescue cats — Mon, 01 Jul 2024 14:33:13 GMT

We have lost a few pharmacies in the past year and it appears that there are more soon to follow that trend. One of our oldest independent pharmacies had to close as well as a small independent chain of a dozen or so. It's so sad, apparently payments they receive for many prescription drugs, as determined by pharmacy benefit managers (PBMs), are far less than the cost of the medications. A local pharmacist who is a close personal friend asked me to take one of my RXs to a big box store, he could not afford to fill it - it cost him $1000 more than he was reimbursed everytime he did so . . .

Re: Rite Aid closing store in Michigan and Ohio

Suzeecat — Mon, 01 Jul 2024 14:47:13 GMT

I remember years ago when Rite Aid took over Perry Drugs and locations sprouted up on nearly every street corner. That was about the same time CVS really took off. There was WAY too much competition and I'm surprised it took this long for someone to cry "uncle". CVS has always been more convenient for me so I'm glad they seem to be surviving.

Re: Rite Aid closing store in Michigan and Ohio

seehorse — Mon, 01 Jul 2024 16:48:42 GMT

Very sad.

Just wondering if your Rite-Aid used to be called Read's.

In Baltimore all the Read's became Rite-Aid's (this would have been over 20 yrs ago).

Re: Rite Aid closing store in Michigan and Ohio

TheWanderingOne — Mon, 01 Jul 2024 18:11:15 GMT

@seehorse wrote:
Very sad.

Just wondering if your Rite-Aid used to be called Read's.
In Baltimore all the Read's became Rite-Aid's (this would have been over 20 yrs ago).

Probably not. It's far more likely that Read's was purchased by Rite Aid.

Re: Rite Aid closing store in Michigan and Ohio

TheWanderingOne — Tue, 02 Jul 2024 01:23:45 GMT

I spent the bulk of my career in finance in the pharmaceutical industry and have been responsible for managing the credit risk exposure of the vast majority of the major wholesalers and drug retail chains. Having analyzed their financial reports for many years, I'm not the least bit surprised by who is struggling and who is doing well.

Re: Rite Aid closing store in Michigan and Ohio

Puppy Lips — Mon, 01 Jul 2024 19:32:00 GMT

I almost never go into a drug store. I find them very depressing for some reason. If I need meds, I go to CVS in Target, or our Publix pharmacy.

Re: Rite Aid closing store in Michigan and Ohio

Shelbelle — Mon, 01 Jul 2024 19:59:54 GMT

@TheWanderingOne wrote:
@seehorse wrote:
Very sad.

Just wondering if your Rite-Aid used to be called Read's.
In Baltimore all the Read's became Rite-Aid's (this would have been over 20 yrs ago).

Probably not. It's far more likely that Read's was purchased by Rite Aid.

I have lived in Baltimore my entire 71 years and we had Reads on just about every corner, Run Right to Read's !!!

Now many of our Rite Aids have closed.

Re: Rite Aid closing store in Michigan and Ohio

Shelbelle — Mon, 01 Jul 2024 20:00:51 GMT

I think a big part of the problem is shoplifting !!!

I read last week Walgreens will close many stores.

Re: Rite Aid closing store in Michigan and Ohio

seehorse — Wed, 03 Jul 2024 11:59:12 GMT

Hi Shelbelle,

That's what I thought, that the Read's chain was taken over by Rite-Aid, in the Baltimore area anyway.

@Shelbelle wrote:
@TheWanderingOne wrote:
@seehorse wrote:
Very sad.

Just wondering if your Rite-Aid used to be called Read's.
In Baltimore all the Read's became Rite-Aid's (this would have been over 20 yrs ago).

Probably not. It's far more likely that Read's was purchased by Rite Aid.
I have lived in Baltimore my entire 71 years and we had Reads on just about every corner, Run Right to Read's !!!
Now many of our Rite Aids have closed.