A Massive Retailer Is Now Closing Several Stores in Michigan

A massive retailer is now closing several stores in Michigan according to the company’s latest bankruptcy filings.

Rite Aid continues to announce store closures, with the total now surpassing 200 locations.

Rite Aid was founded in 1965 but has struggled recently and last month filed for bankruptcy after incurring $ 3.3 billion in unpaid debt.

It operates over 2,330 stores in 17 U.S. states, but this number is rapidly declining and will soon drop below 2000.

In October, as part of its bankruptcy filing, it announced that 154 locations nationwide would soon close, including nineteen in Michigan.

Since then, they have filed three more updates, bringing the total number of closures to 201, including 31 in Michigan.

Below is a complete and updated list of Rite Aid stores closing in Michigan.

  • Fremont: 924 West Main Street
  • Greenville: 507 N. Lafayette Street
  • Grand Ledge: 715 South Clinton Street
  • Macomb: 15250 24 Mile Road
  • Sturgis: 102 North Centerville Road
  • Wixom: 47300 Pontiac Trail
  • Clinton Township: 35250 South Gratiot Avenue
  • Clinton Township: 36485 Garfield Road
  • Shelby Township: 51037 Van Dyke Avenue
  • Jackson: 3100 East Michigan Avenue
  • Taylor: 9155 Telegraph Road
  • Manistee: 1243 US 31 South
  • Garden City: 29447 Ford Road
  • Flint: 2838 East Court Street
  • Flint: 1124 North Ballenger Highway
  • Detroit: 1900 East 8 Mile Road
  • Farmington Hills: 25922 Middlebelt Road
  • St. Johns: 109 North Whittemore Street
  • Lansing: 2701 South Cedar Street
  • 30 East Columbia Ave, Battle Creek
  • 4350 Dixie Hwy, Waterford
  • 25425 Van Dyke Ave, Center Line
  • 939 US 31 South, Traverse City
  • 3456 East Jefferson Ave, Detroit
  • 901 West Midland St, Bay City
  • 1113 West Michigan Ave, Three Rivers
  • 1201A South Division St, Traverse City
  • 13939 Livernois Ave, Detroit
  • 2635 Henry St, Muskegon
  • 1981 South Blvd W, Troy
  • 402 Pointe Tremble Rd, Alganac

Also Read: A US Company Now Declares An Unexpected Bankruptcy

Other Economy News Today

Market News Today - A Massive Retailer Is Now Closing Several Stores in Michigan.
Market News Today – A Massive Retailer Is Now Closing Several Stores in Michigan.

Bank of America now closes a customer account without warning or explanation, creating massive turmoil for the user.

The giant has been scrutinized for freezing customer accounts for many months now.

Christina Blanton says she has been a loyal customer at Bank of America for 17 years now but said the company couldn’t give a reason behind the decision.

CBS affiliate WBBM says Blanton couldn’t access money from Bank of America for her thyroid cancer surgery.

Blanton, who has since switched banks, said her account was locked just before she was due to have surgery.

She told WBBM: “I was upset and frustrated. I wanted to cry.”

Blanton said she initially thought she had put her password in wrong when she couldn’t access her online bank account.

She realized that her account had been locked.

The mom struggled to get an answer from Bank of America in an ordeal that lasted months – before it was eventually resolved, reports The-Sun.

She claimed that the bank had made a so-called business decision to shut the account.

She said she was eventually able to access her funds after her account was reopened.

But she was left furious that bosses couldn’t give an explanation why her account was closed.

A spokesperson told WBBM: “We can’t share information about an individual account for reasons of privacy, but we have resolved the issue directly with our customer.”

Meanwhile, Chase Bank customer Justin Martin has also told of the moment he realized his account had been frozen.

Small business owner Christian Haberkern has recalled the ordeal that saw more than $24,000 wiped from her Wells Fargo account.

She tried to get her money back for weeks before the funds were eventually returned.

Also Read: Wells Fargo is Now Freezing Bank Accounts in New Scandal

Market News Published Daily 📰

Market News Today - A Massive Retailer Is Now Closing Several Stores in Michigan.
Market News Today – A Massive Retailer Is Now Closing Several Stores in Michigan.

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors.

This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

Scroll below to view my stock purchases this month!

You can also follow me on X (Twitter)InstagramFacebook, or LinkedIn for daily news and updates on your favorite stories.


Frank Nez’s Stock Portfolio

Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?

Frank Nez is now sharing his exclusive and personal stock portfolio with readers, only on the Patreon.

11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.



3 Comments

  1. qazwiz

    are they Conservatives?
    there’s rumors that banks are starting to fitz with Trump supporters…
    they did it to MyPillow guy years ago, but the word is that ordinary schmos that have given/spent money in pro-Trump circles are now losing banking services

  2. Frank Nez

    For more news and updates like this, opt-in for push notifications.

  3. Frank Nez

    Leave your thoughts below.

© 2024 Franknez.com

Theme by Anders NorenUp ↑