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Rite Aid releases latest list of store closings, including 6 more in NH

Rite Aid releases latest list of store closings, including 6 more in NH

Yahoo3 days ago

The list of Rite Aid Pharmacy stores closing across the country continues to grow and now includes six more here in New Hampshire.
Eventually the entire chain will shutter, presenting a challenge for some in rural parts of the state who have come to rely on the chain's 46 Granite State stores for their needed medications.
The latest store closings include Hillsborough, Jaffrey, Littleton, Meredith, Newport and Winchester, according to federal bankruptcy court documents. A total of 14 stores in New Hampshire are set to close soon as the case proceeds in federal bankruptcy court in New Jersey.
NH Rite Aid closings announced so far
Bristol, 360 Summer St.
Durham, 5 Mill Road
Exeter, 75 Portsmouth Ave.
Hillsboro, 315 W. Main St.
Jaffrey, 14 Peterborough St.
Keene, 354 Winchester St.
Lee, 5 Calef Highway
Littleton, 136 Meadow St.
Meredith, 89 NH Rote 25
Newport, 51 S. Main St.
North Hampton, 72 Lafayette Road
Peterborough, 19 Wilton Road
Pittsfield, 41 Carroll St.
Winchester, 10 Main St.
SOURCE: U.S. Bankruptcy Court filings
The national drugstore chain filed for voluntary Chapter 11 bankruptcy protection last month.
CVS Pharmacy is set to take over Rite Aid and Bartell Drug stores in Washington, Oregon and Idaho, but no such lease takeovers or sales have been announced for New Hampshire. Such sales are not unheard of here — five Rite Aid locations in New Hampshire became Walgreens in 2018 after the sale of more than 1,900 stores nationwide.
Bids for Rite Aid's remaining assets, which include unexpired leases for existing Rite Aid stores, are due June 18, according to court documents.
Plymouth-based Mid-State Health, a federally qualified community health center committed to making sure quality care is affordable and accessible to all, is working with patients who will need to make an upcoming switch.
The closures came with short notice and hits areas of the state which already face health care challenges, said Bob MacLeod, Mid-State's CEO. Patients of Mid-State's Bristol and Lincoln health centers are worried about the Rite Aid closures in those towns because of limited options, he said.
'I think that is going to have a dramatic negative impact' in Bristol, he said. 'Folks are either going to have to go south of Bristol to maybe areas like Tilton or have to come back to the Plymouth area.'
Lincoln does another pharmacy option at Price Chopper.
Some communities like Plymouth will be less impacted with options including CVS, Hannaford and Walmart, MacLeod said. Mid-State's practice in Plymouth also has an in-house pharmacy operated by Genoa Pharmacy.
'Instead of five pharmacies in the Plymouth area, we will be down to four,' MacLeod said. The health center is looking to add in-house pharmacy service in both Bristol and Lincoln in the near future.
Mid-State has encouraged its patients to plan ahead to avoid interruptions with steps like contacting insurance providers, choosing a new pharmacy and requesting a profile transfer.
Access to prescriptions in these rural areas are "yet another challenge," he said. A full array of health care services is limited, "and quite frankly our patients and other patients don't need any other challenges."
Rite Aid's bankruptcy filings come after the company emerged from a similar filing in 2023. Many of the store shelves across the chain are left bare as products diminish, but customers can still get their prescriptions filled during the process.
'A key priority for Rite Aid is to ensure that as many of our loyal customers as possible continue to receive the pharmacy services and care they require without interruption,' Rite Aid CEO Matt Schroeder said in a statement.
jphelps@unionleader.com

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