A massive essential retailer is now closing stores in Michigan after filing for chapter 11 bankruptcy in October of last year.
Rite Aid has announced that it is closing a total of 50 store locations in both Ohio and in Michigan, according to recent filings in the retailer’s bankruptcy case.
The company, which filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court in New Jersey last October, filed three court documents during the past week listing a total of 50 locations slated for closure.
This includes a total of 33 store closures in Michigan and a total of 17 store closures in Ohio.
Earlier this month, the retailer filed documents listing more than 60 other locations slated for closure in those two states, per Super Market News.
In June, Rite Aid filed documents listing 12 store closures in Michigan and 15 in Ohio.
However, shortly after the listing, the Detroit Free Press reported that Rite Aid employees were told that the company planned to close all of its stores in Michigan and most of its stores in Ohio.
Rite Aid also filed a Worker Adjustment and Retraining Notification (WARN) notice last month with the Michigan Department of Technology, Management, and Budget, indicating that it planned to close its Waterford distribution center in the state, resulting in the layoffs of 191 workers.
At the time of its bankruptcy filing last year, the retailer said it would initially close 154 stores.
However, the company has since then added hundreds of additional locations across the country to that list.
The Philadelphia-based retailer went into bankruptcy with 2,111 stores.
Rite Aid currently has 1,591 stores still in operation, according to its website.
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Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois
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A beloved grocery chain now confirms unexpected closures across the Northeast taking place by the end of the year.
Grocery chain Stop & Shop has announced that a total of 32 underperforming locations will shutter in the U.S.
The company said the select stores across the Northeast will be closed before the end of the year.
Stores in New Jersey, Massachusetts, New York, Connecticut, and Rhode Island will close by November 2.
In May, the company announced the coming store closures.
“Stop & Shop has evaluated its overall store portfolio and made the difficult decision to close underperforming stores to create a healthy base for the future growth of our brand,” company president Gordon Reid said, per a July 12 press release.
The company’s president added that the closures were essential “to create a healthy base for the future growth of our brand.”
Fortunately, employees will be offered other positions within the company, according to a press release.
The grocery outlet first opened in 2014 and currently has around 400 stores and 60,000 employees, per Fox affiliate KRLD.
Stop & Shop is owned by Ahold Delhaize which also owns Food Lion, Giant Food, and Hannaford.
Which grocery stores are closing?
In New Jersey, 10 locations will close, while only seven will close in New York.
Rhode Island will see two closures and Massachusetts, the home of the first location, will be closing eight.
Five stores will also be closing in Connecticut.
As other chains such as Walmart and Amazon join the grocery business, it has pushed traditional grocery stores out of view, reports The-Sun.
Stop & Shop hopes the closure of underperforming stores will create “future growth” for the company.
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