A WALGREENS rival is closing another store this week amid a nationwide mass shuttering.
This latest retail closure will leave one city with “limited” pharmacy options.
Rite Aid in La Grande, Oregon, will be closing on April 20, the company announced last week.
The store is one of only three pharmacies in the city, but Rite Aid made the decision to close it following a “regular review” of its business.
“A decision to close a store is one we take very seriously and is based on a variety of factors, including business strategy, lease and rent considerations, local business conditions and viability and store performance,” Rite Aid spokesperson Catherine Carter told The U.S. Sun.
Although it is not known how many employees will be laid off, Rite Aid said it will “strive to transfer associates to other Rite Aid locations where possible.”
Read more retail news
The closure will have a noticeable effect on the community, according to La Grande city manager Robert Strope.
“It’s really disappointing. We’re already seeing limitations with the availability of pharmacies,” he told local news outlet, La Grande Observer.
The pharmacy has been there since the early 1990s.
Customers in La Grande will be able to get their prescriptions filled at the nearby Red Cross Drug Store, Safeway, and Walmart.
Most read in Money
NOT AL-RITE
Since 2021, the number of Rite Aid stores in the U.S. has dwindled dramatically.
The pharmacy giant has announced plans to close a total of 145 unprofitable locations.
Rite Aid currently has 2,310 remaining stores across 17 states.
The company projects its fiscal 2023 net loss “to be between $520.3 million and $477.3 million."
FURTHER PHARMACY CLOSURES
But Ride Aid isn’t the only pharmacy chain that is making tough decisions.
Both CVS and Walgreens have lately closed stores across the country too.
CVS has shuttered one location every week since March 1, with four stores now gone.
Meanwhile, Walgreens recently closed down two stores in Orlando, Florida which were eight miles apart.
HOW TO GET YOUR PRESCRIPTIONS
If store closures mean you are struggling to get your prescription in person, you can consider getting it delivered to you.
CVS offers prescription deliveries, but you first have to create an account.
Similarly, Walgreens offers medication deliveries as well.
You can choose free delivery options as fast as one to two business days.
But pharmacies aren’t the only retailers that are struggling in 2023.
Read More on The US Sun
The U.S. Sun has compiled a full list of store closures happening in April.
And see which nationwide retailer declared bankruptcy this week - with 9,000 workers to be laid off.
ncG1vNJzZmivp6x7tbTEZqqupl6YvK57zKilnrFfbIZxf5VvZ2iqmamybq3InWSlmV2cv6K6w55kqKqVnLyvecKlpqyhnpx8
