Rite Aid will close some Oregon stores following bankruptcy filing. Here’s where

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Rite Aid plans to close four stores in Oregon after announcing it had begunChapter 11 bankruptcy proceedings on May 5.

Rite Aidcurrently operates 1,240 stores across 15 states and is slated to begin a process of auctioning off most of its locations.

Aside from the locations being auctioned, the company has laid out a list of stores it plans to close in a first wave of closures.

Here’s what to know about which Oregon Rite Aid locations are closing.

Which Oregon Rite Aid stores are closing?

While the list of planned closures still needs to be approved, Rite Aid has listed four Oregon locations that are scheduled to close ahead of store auctions. They include:

• Rite Aid at 1400 W Sixth St., The Dalles, Oregon.
• Rite Aid at 514 NE 181st Ave., Portland, Oregon.
• Rite Aid at 2521 S Sixth St., Klamath Falls, Oregon.
• Rite Aid at 700 SE Third St., Bend, Oregon.

How many Rite Aid stores are in Oregon?

There are currently 48 Rite Aid stores in Oregon.

Why did Rite Aid file for bankruptcy?

Rite Aid’s filing marks the second time in less than two years the company has filed for bankruptcy after a previous restructuring reducing the company’s debt.

Rite Aid CEO Matt Schroeder said the company has experienced financial challenges that were “intensified by the rapidly evolving retail andhealth care landscapes.”

“As we move forward, our key priorities are ensuring uninterrupted pharmacy services for our customers and preserving jobs for as many associates as possible,” Schroeder said.

The company is now looking to sell all or a portion of its stores to a buyer and will begin plans to “initiate store closing sales” ahead of eventually closing all stores it hasn’t sold, according to its bankruptcy filing.

The company announced it has acquired $1.94 billion in new financing to keep stores operational during the bankruptcy proceedings and potential sale.

“During this process, Rite Aid customers can continue to access pharmacy services and products in stores and online, including prescriptions and immunizations,” the company said in a news release.

What will happen to Rite Aid prescriptions?

Rite Aid said it is working to transfer customer prescriptions to other pharmacies.

Customers can use theRite Aid store locator toolto find contact information for their local store.

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Ginnie Sandoval is the Oregon Connect reporter for the Statesman Journal. Sandoval can be reached atGSandoval@gannett.comor on X at @Gincesandoval.

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