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Local Rite Aid To Close

6/4/2018

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The Rite Aid has announced the closure of their Manchester location at 335 Center Street. A liquidation sale has started, everything in the store is 50% off original prices. This location was previously announced as one of the Rite Aid locations to receive rebranding into a Walgreens store. Walgreens has a store about a mile away on Main Street. Walgreens has responded to calls for comment, saying the store will be rebranded as Walgreens after the liquidation sales of remaining Rite Aid assets.
Walgreens sought to buy out Rite Aid last year; but the merger failed due to Anti-Trust concerns along with a planned sale of remaining assets to smaller-chain Fred's Drug. Fred's Drug would nearly triple their store count after the deal. Instead Walgreens bought nearly 2,000 Rite Aid locations from the company after a failed merger last year; almost 600 of these stores would be closed due to their proximity to a competing Walgreens. Recently Albertson's announced that they would acquire the remaining Rite Aid company with the much smaller footprint after the Walgreens sale.
Rite Aid had two Manchester locations, the location at 335 Center Street, and a location at 232 Tolland Turnpike (now a Goodwill.) Prescriptions at the Center Street Rite Aid have been transferred to Walgreens at 295 Main Street in Manchester.


Image from Google Maps, Google Images
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