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…
ShopRite To Close 5 NY Locations: Here's Rundown
Supermarket chain ShopRite is closing five stores in New York.
The closures, scheduled for early December, are all in the Capital Region, according to a report by Winsight Grocery Business: Albany, Colonie, Niskayuna, Slingerlands, and North Greenbush.
The closures are due to underperforming sales, the report said.
ShopRite, which launched in the mid-1940s, has stores in six states: New York, New Jersey, Connecticut, Delaware, Maryland, and Pennsylvania.
Earlier report - Rite Aid Announces 20 NY Stores Slated For Closure After Declaring Bankruptcy
Click here to rea…
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…
