All Rite Aid stores in Michigan to close, Pharmacy Chain Confirms
Pharmacy Chain departs from Michigan amid Bankruptcy Proceedings
All Rite Aid stores in Michigan are slated to close, confirmed by the pharmacy chain this Tuesday. The recent submissions in bankruptcy court signaling the closure of stores represent the complete withdrawal of Rite Aid’s presence in the state as the company continues to struggle with bankruptcy proceedings.
An official Rite Aid representative announced via email on Tuesday afternoon that the pharmacy chain, which owned 186 storefronts in Michigan as recently as two months ago, has submitted the remaining stores for closure. Since August 2, Rite Aid has listed three filings in the U.S. Bankruptcy Court in New Jersey announcing intent to close 38 Michigan stores, following the previously reported closures of 123 stores since mid-June.
It’s a downhill road for Rite Aid in Michigan. The chain reported its initial store closings in the state in the fall. Notably, the Waterford Township distribution center is also due to cease operations this Friday – a closure that will result in the layoff of 191 employees.
The Fall of the Pharmacies: A Nationwide Trend
Rite Aid is not alone in this trend as other major pharmacy chains are facing similar fates. Both CVS Health and Walgreens have announced significant store closures nationwide over the past few years. Walgreens stated in June that it will be closing up to 25% of its 8,700 U.S. locations in the next three years. As for CVS, it reported the closure of approximately 600 stores since 2022, with plans to close an additional 300 in 2024.
Rite Aid filed for bankruptcy in October after posting consecutive annual losses for several years. The company initially projected the closure of 400-500 out of their 2,200 stores. Experts believe changing consumer tastes, overbuilding, and declining drug reimbursement rates are the major contributing factors to the widespread closure of pharmacy stores.
The Final Tally: Closed Rite Aid Stores in Michigan
The current list of closed Rite Aid locations in Michigan includes:
- 860 N. Van Dyke Road, Almont
- 560 Jenner Drive, Allegan
- 2480 Lapeer Road, Auburn Hills
- 100 E. Vienna Road, Clio
- 22521 Michigan Ave., Dearborn
And many more…
End of the road for Rite Aid in Michigan
Amid the nationwide trend of pharmacy closures, Michigan now stands without a presence of Rite Aid stores. The fate of the displaced employees is yet to be known. As the dust settles, it is clear this marks a significant moment for the American pharmaceutical industry.
Author: STAFF HERE NOVI WRITER
The NOVI STAFF WRITER represents the experienced team at HERENovi.com, your go-to source for actionable local news and information in Novi, Oakland County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Motor City Comic Con, Michigan State Fair, and Novi Home and Garden Show. Our coverage extends to key organizations like the Novi Chamber of Commerce and Novi Community Foundation, plus leading businesses in automotive, technology, and manufacturing that power the local economy such as Gentherm, Stoneridge, and Daifuku North America. As part of the broader HERE network, including HEREDetroitMI.com, HEREGrandRapids.com, HERENorthville.com, and HEREPlymouth.com, we provide comprehensive, credible insights into Michigan's dynamic landscape.
