Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy
Major Mall-Based Chain To Close 543 Stores After Filing For Bankruptcy A retailer primarily located in malls is set to close all 543 of its stores following its third Chapter 11 bankruptcy filing. Closures for all rue21 locations are expected to be completed within the next two months with going-out-of-business sales coming soon. Founded in 1970, rue21 specializes in women's & men's casual apparel and accessories. In its filing on Thursday, May 2, the company said, "It became clear that offers to buy the debtors' assets at their current worth could not exceed the expected profits from selling off the closing stores and assets.  "As a result, the deb…
Rite Aid Announces Additional NY Store Closures After Declaring Bankruptcy Rite Aid Announces Additional NY Store Closures After Declaring Bankruptcy
Rite Aid Announces Additional NY Store Closures After Declaring Bankruptcy Rite Aid has announced new store closures after the struggling pharmacy chain filed for bankruptcy in the fourth quarter of 2023. Shortly after declaring bankruptcy, Rite Aid announced 154 store closures, with 20 in New York, and 14 on Long Island. In a filing on Tuesday, April 9, the company said 17 more stores, including three in New York (with two on Long Island) are now slated for closure. Rite Aid currently has 2,000 stores and about 44,000 employees. The Long Island stores slated for closure (with the newly announced closures in bold) are: 283 West Jericho Turnpike, Huntingto…
Rite Aid Announces Massachusetts Store Closure After Declaring Bankruptcy Rite Aid Announces Massachusetts Store Closure After Declaring Bankruptcy
Rite Aid Announces Massachusetts Store Closure After Declaring Bankruptcy Rite Aid has announced new store closures after the struggling pharmacy chain filed for bankruptcy in the fourth quarter of 2023. Shortly after declaring bankruptcy, Rite Aid announced 154 store closures. In a filing on Tuesday, April 9, the company said 17 more stores, including one in Massachusetts, in Fall River, at 10 Stafford Road, Rite Aid currently has 2,000 stores and about 44,000 employees. Rite Aid is one of a number of drugstore chains facing litigation related to the deadly abuse of opioids and more than a thousand lawsuits have been filed claiming Rite Aid illegally…
New Jersey's Last-Standing Sears Store Says It's Closing New Jersey's Last-Standing Sears Store Says It's Closing
New Jersey's Last-Standing Sears Store Says It's Closing And then there were none. New Jersey's last-standing Sears store, located in Jersey City, appears to be closing. The store at Newport Centre announced a store closing sale on Friday evening, Jan. 5 on Facebook. A voice answering service said the store was closed when Daily Voice called Friday at 7 p.m. Daily Voice has reached out to the Simon Property Group, who owns Newport Centre, and Sears corporate for comment. Sears Holdings filed for bankruptcy in 2018. The Jersey City store became the final Sears in New Jersey in 2020 after the store in Hackensack — a local landmark — shutter…
Murder-Suicide: Autopsy Results Shed Light On Mass Family's Deaths Murder-Suicide: Autopsy Results Shed Light On Mass Family's Deaths
Murder-Suicide: Autopsy Results Shed Light On Mass Family's Deaths The family found dead inside a Dover mansion last week died of a murder-suicide, autopsy reports found this week.  Rakesh Kamal, 57, Teena Kamal, 54, and their daughter Arianna Kamal, 18, were found shot to death inside their 11-bedroom, $4 million home in Dover about 20 miles from Boston just before 7:30 p.m. on Dec. 28, the Norfolk County District Attorney's Office said. They had all been shot to death.  An autopsy found that Rakesh Kamal killed his wife and daughter before turning the .40-caliber pistol on himself, the prosecutor's office said.  The gun was…
Rite Aid Is Selling These Maryland Leases After Filing For Bankruptcy Rite Aid Is Selling These Maryland Leases After Filing For Bankruptcy
Rite Aid Is Selling These Maryland Leases After Filing For Bankruptcy The leases of all six Rite Aid stores in Maryland that are closing amid the recent bankruptcy filing are being sold. A&G Real Estate Partners is acting as the real estate advisor for the pharmacy chain, which filed for bankruptcy on Oct. 15, and has plans to close 154 underperforming stores nationwide. The deadline for the following leases for in Maryland is Monday, Nov. 20: 5808 Ritchie Highway, Baltimore 5 Bel Air South Parkway, Bel Air 728 East Pulaski Highway, Elton 7501 Ritchie Highway, Glen Burnie The deadline for the following leases for in Pennsylvania is Wednesday, Dec. 20: …
Rite Aid Is Selling These Pennsylvania Leases After Filing For Bankruptcy Rite Aid Is Selling These Pennsylvania Leases After Filing For Bankruptcy
Rite Aid Is Selling These Pennsylvania Leases After Filing For Bankruptcy Of the 39 Rite Aid stores closing in Pennsylvania amid filing for bankruptcy, nearly two dozen of the leases are being sold. A&G Real Estate Partners is acting as the real estate advisor for the pharmacy chain, which filed for bankruptcy on Oct. 15, and has plans to close 154 underperforming stores nationwide. The deadline for the following leases for in Pennsylvania is Monday, Nov. 20: 2722 West 9th St., Chester 5900 University Boulevard, Corapolis 1709 Liberty Ave., Erie 353 East 6th St., Erie 6090 Route 30, Greensburg 301 Eisenhower Dr., Hanover 1130 Cumberland St., Lebanon 1730 Wi…
Rite Aid Is Selling These Seven New Jersey Leases After Filing For Bankruptcy Rite Aid Is Selling These Seven New Jersey Leases After Filing For Bankruptcy
Rite Aid Is Selling These Seven New Jersey Leases After Filing For Bankruptcy Of the dozen New Jersey Rite Aid stores closing amid filing for bankruptcy, seven of the leases are being sold. A&G Real Estate Partners is acting as the real estate advisor for the pharmacy chain, which filed for bankruptcy on Oct. 15, and has plans to close 154 underperforming stores nationwide. The following leases are for sale, according to A&G: 2 Vernon Ave., Hamburg 1636 Route 38, Lumberton 210 Bridgeton Pike, Mantua 108 Swedesboro Road, Mullica Hill Route 33/Robbinsville-Edinburg Road, Robbinsville 773 Hamilton St., Somerset 1434 South Black Horse Pike, Williamstown The dea…
'Pharmageddon': CVS, Walgreens Protests Spread As Workers Seek Better Conditions 'Pharmageddon': CVS, Walgreens Protests Spread As Workers Seek Better Conditions
'Pharmageddon': CVS, Walgreens Protests Spread As Workers Seek Better Conditions Around a thousand pharmacy workers across the country have walked off the job as part of a strike to protest conditions. The so-called "Pharmageddon" series of walkouts at pharmacy chains including CVS and Walgreens stores started Monday, Oct. 30, and is expected to continue at least through the middle of the week. Around 900 people from about 10 states could participate, organizers of the ongoing protest told NBC News. A growing workload and understaffing are the main reasons for the protest, organizers say, noting that the pharmacy workers are not unionized. In a statement to KDKA in Pi…
Rite Aid To Close 39 Pennsylvania Stores After Filing For Bankruptcy Rite Aid To Close 39 Pennsylvania Stores After Filing For Bankruptcy
Rite Aid To Close 39 Pennsylvania Stores After Filing For Bankruptcy Rite Aid, the pharmacy giant that filed for bankruptcy on Sunday, Oct. 15, plans to close 154 underperforming stores nationwide, according to a new filing.  Thirty-nine of the stores closing are located in Pennsylvania.  They are: 1441 Old York Road in Abington 1628 South Fourth Street in Allentown 169 West Lancaster Avenue in Ardmore 5235 Library Road in Bethel Park 2178 West Union Boulevard in Bethlehem 2722 West 9th Street in Chester 200 West Ridge Avenue Suite 112 in Conshohocken 2715 Parade Street in Erie 1709 Liberty Street in Erie 4830 William Penn Highway in Export 6090 …
Rite Aid Will Close Stores In Mass, Connecticut After Filing For Bankruptcy Rite Aid Will Close Stores In Mass, Connecticut After Filing For Bankruptcy
Rite Aid Will Close Stores In Mass, Connecticut After Filing For Bankruptcy Rite Aid, the pharmacy giant that filed for bankruptcy on Sunday, Oct. 15, plans to close 154 underperforming stores nationwide, according to a new filing. Some of those closures will be in Massachusetts and Connecticut.  Related: Why Is Rite Aid Filing For Bankruptcy? Rite Aid announced earlier this week that declining sales and rising debt forced the company's hand in filing for Chapter 11 bankruptcy. The chain has more than 2,100 stores nationwide, and reducing rent costs will play a large part in bringing its balance sheet back into the black.  The only store in Massachusetts…
Rite Aid Announces 20 NY Stores Slated For Closure After Declaring Bankruptcy Rite Aid Announces 20 NY Stores Slated For Closure After Declaring Bankruptcy
Rite Aid Announces 20 NY Stores Slated For Closure After Declaring Bankruptcy Rite Aid has announced specific store closures just days after the struggling pharmacy chain filed for bankruptcy. Of the 154 closures nationwide announced on Tuesday, Oct. 18, 20 are in New York, 14 of which are on Long Island. Rite Aid currently has 2,100 stores and about 45,000 employees. The Long Island stores slated for closure are: 2 Whitney Ave., Floral Park 3131 Hempstead Turnpike, Levittown 3199 Long Beach Road, Oceanside 198 West Merrick Road, Valley Stream 836 Sunrise Highway, Bay Shore 2784 Sunrise Highway, Bellmore 901 Merrick Road, Copiague 577 Larkfield Road, East Nor…