Rite Aid closes Coldwater store
Coldwater Rite Aid drug store customers found the sign on the window announcing the store closing at 450 E. Chicago St. last Thursday.
“Customers can now pick up their prescriptions at the Walgreens location at 500 E. Chicago St.” across the street, the company confirmed in an email,
The company was not specific about the Coldwater closing.
“A decision to close a store is one we take very seriously and is based on a variety of factors including business strategy, lease and rent considerations, local business conditions and viability, and store performance," the company said in a statement.
Rite Aid shuttered 145 stores in 2022.
The company operates approximately 2,500 stores across 19 states. There are 247 in Michigan. None of the other stores in this area were closed.
Rite Aid said the employees at the closed store were given opportunities to transfer to other Rite Aid stores.
The company said, “We review every neighborhood to ensure our customers will have access to health services, be it at Rite Aid or a nearby pharmacy. We work to seamlessly transfer their prescriptions so there is no disruption of services.”
subscribe Follow Branch County and Coldwater business. Subscribe to the Daily Reporter.
In 2017 the federal government objected to the merger of Rite Aid and Walgreens on anti-trust grounds. Instead, Walgreens agreed to buy 2,186 Rite Aid stores for $5.2 billion.
---Contact Don Reid: dReid@Gannett.com. Follow him on Twitter: @DReidTDR
This article originally appeared on Coldwater Daily Reporter: Rite Aid closes Coldwater store
