Rite Aid Closing 4 More Long Island Stores as Chain Seeks Bankruptcy Recovery

• Rite Aid plans to close 53 more stores, including 4 on Long Island, due to bankruptcy • Over 300 Rite Aid stores have closed across the country since the retailer filed for bankruptcy in October 2022 • The 4 closing Long Island locations are in Brentwood, East Meadow, Huntington Station, and Lake Ronkonkoma • Store closings aim to reduce costs and strengthen financial performance during the bankruptcy process • Before bankruptcy, Rite Aid had annual losses for years and paid millions in opioid lawsuit settlements