Rite Aid adds second Lebanon city location to closing list; more to follow

As part of its ongoing bankruptcy proceedings, Rite Aid has added its store at 415 S. 9th St., Lebanon, to the list of closing locations.

Rite Aids across the country are expected to close as part of the proceedings. Closings are being announced in waves to manage the flow of possible objections that may be filed.

Rite Aid previously announced its location at 2 Cumberland St., Lebanon, as the first to close in Lebanon County.

In early May, Rite Aid entered voluntary Chapter 11 bankruptcy proceedings for a second time. The company said that it was pursuing “a strategic and value-maximizing sale process for substantially all of its assets.”

The company’s other Lebanon County locations at 980 E. Main St. in Palmyra and 469 W. Penn Ave. in Cleona have not yet been identified for closure, but more closing locations are expected to be announced by the company in the coming weeks as it winds down operations.

Leases for the Lebanon locations are among the more than 1,000 listed by A&G Real Estate Partners for takeover as part of the proceedings.

The 2 Cumberland St. lease runs through 2028 for the 10,645-square-foot store.

The 415 S. 9th St. lease runs through August 2034 for the 13,813-square-foot store.

The Cleona lease runs through 2028 for the 10,800-square-foot store.

CVS has acquired the prescription files of 625 Rite Aid pharmacies across 15 states, including Pennsylvania. Weis has also acquired prescription files from Rite Aid, although none from Lebanon County, according to published reports.