31 California stores on Rite Aid hit list
At least 10 L.A. County, 6 Orange County, 2 Inland Empire stores set to be shut down
Rite Aid has marked 31 stores in California for closure in its restructuring plan filed Monday in the U.S. Bankruptcy Court for the District of New Jersey.
The chain, which previously said it might close 500 stores, said at least 154 stores would close.
The troubled retail pharmacy chain is facing slumping sales and several opioidrelated lawsuits. To make ends meet, the company is looking to reduce its debt while resolving “litigation claims in an equitable manner,” Rite Aid representatives said Sunday.
At least 10 stores will close across Los Angeles County. Another six will shutter in Orange County and just two in the Inland Empire. Only one, a store South Archibald Ave. in Ontario, appears to already have closed.
“Many of the stores on this list have already closed and received ample notice of the closure, while some will close in the coming weeks,” Rite Aid said via email Tuesday.
Here's the list of stores Rite Aid has marked for closure in California. The store number precedes each address:
L.A. County
5448 — 4044 Eagle Rock Blvd.,
Los Angeles.
6288 — 959 Crenshaw Blvd., Los Angeles.
5457 — 4046 South Centinela Ave., Los Angeles.
5466 — 7859 Firestone Blvd., Downey.
5521 — 4402 Atlantic Ave., Long Beach.
5571 — 935 N. Hollywood Way, Burbank.
5585 — 139 N. Grand Ave., Covina.
5593 — 13905 Amar Road, La Puente.
5611 — 920 E. Valley Blvd., Alhambra.
6333 — 15800 Imperial Highway, La Mirada.
Orange County
5735 — 24829 Del Prado, Dana Point..
6717 — 8509 Irvine Center Drive, Irvine.
5753 — 30222 Crown Valley Parkway, Laguna Niguel
5757 — 19701 Yorba Linda Blvd., Yorba Linda.
5760 — 1406 W. Edinger Ave., Santa Ana.
6213 — 3029 Harbor Blvd., Costa Mesa.
Inland Empire
6318 — 3000 S. Archibald Ave., Ontario (marked closed on Yelp).
5730 — 25906 Newport Road, Menifee.
Ventura County
5772 — 2738 E. Thompson Blvd., Ventura (marked closed on Yelp).
5780 — 720 N. Ventura Road, Oxnard.
San Diego County
5635 — 3813 Plaza Drive,
Oceanside.
5638 — 1670 Main St., Ramona. 5657 — 6505 Mission Gorge Road, San Diego.
5661 — 8985 Mira Mesa Blvd., San Diego (marked closed on Yelp).
Northern California
5967 — 20572 Homestead Road, Cupertino.
5976 — 2620 El Camino Real, Santa Clara.
5979 — 901 Soquel Ave., Santa Cruz.
6001 — 571 Bellevue Road, Atwater.
6045 — 5409 Sunrise Blvd., Citrus Heights.
6080 — 1309 Fulton Ave., Sacramento.
6769 — 499 Alvarado St., Monterey.
The 60-year-old Rite Aid operates 2,100 stores in the U.S., mostly in coastal states, and has posted annual losses for several years. The company reported its revenue fell to $5.7 billion in the fiscal quarter ending June 3, down from $6 billion a year earlier, logging a net loss of $306.7 million.