Rite Aid files for Chapter 11 bankruptcy; 16 locations reportedly closing in NJ

Rite Aid is filing for Chapter 11 bankruptcy for a second time, according to reports. They plan to close more than 300 stores, including 16 in New Jersey.

The chain has already stopped issuing customer reward points at closing locations and plans to stop honoring gift cards and processing returns next week.

Highland Park residents who have already experienced the loss of several other nearby chain stores say they aren’t surprised that a company like Rite Aid is also closing in their neighborhood.

“When I opened a safety deposit box at Wells Fargo, they shut down first. Then Stop & Shop shut down, now Rite Aid is shutting down,” says Adam Villanueva.

“Drug prices are cheaper. It’s $100 for a drug there and over here it’s like much cheaper,” said Abraham Dulko.

Rite Aid corporate officials say their key priority is transferring customer prescriptions to other pharmacies like CVS or Walgreens.

Rite Aid has not confirmed the exact closing dates.

According to USA Todaythese are the locations closing in New Jersey:
  • 424 Route 9, Bayville
  • 151 Route 94, Blairstown
  • 1070 North Pearl St., Bridgeton
  • 52 East Broad St., Bridgeton
  • 332 Raritan Ave., Highland Park
  • 220 Mathistown Road, Little Egg Harbor
  • 75 South Main St., Neptune
  • 3553 Washington Road, Parlin
  • 130 East Main St., Penns Grove
  • 76 Smith St., Perth Amboy
  • 865 Route 45, Pilesgrove
  • 3258 Bridge Ave., Point Pleasant
  • 403 Sicklerville Road, Sicklerville
  • 220 Route 70, Toms River
  • 7 West Landis Ave., Vineland
  • 531 Us Highway 22 East, Whitehouse Station
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