Last of Cumberland County’s Rite Aid Stores To Close

The last remaining Rite Aid store in Cumberland County is now officially part of the closings resulting from the company’s two bankruptcy filings and sales of stores to other chains or private buyers. The store is at  970 N. Main Road in Vineland.

A total of 114 locations are on the latest closings list that Rite Aid announced in bankruptcy filings on July 3. These stores are in addition to the 1,070 stores that Rite Aid previously announced it would close.

Regional closings are occurring in Deptford, Cherry Hill, and Voorhees. Ten NJ stores in all are part of the plan. Forty Pennsylvania stores are also on the chopping block in this round. In May, Rite Aid filed for bankruptcy for a second time to pursue “a strategic and value-maximizing sale process for substantially all of its assets,” according to a media release. 

CVS Pharmacy said that it has agreed to acquire the prescription files of 625 Rite Aid pharmacies across 15 states in areas that CVS serves, as well as acquire and operate 64 Rite Aid stores in Idaho, Oregon and Washington. Other chains are also involved in the acquisition process.