Hull Street Rite Aid drugstore to close

The Rite Aid at 1801 Hull St. in South Richmond will be close on June 16. 

The Philadelphia-based company filed for Chapter 11 bankruptcy in October following lagging sales and amassing billions of dollars of debt.  

A spokesperson for the drugstore chain said the bankruptcy court has been notified of “certain underperforming stores we are closing to further reduce rent expense and strengthen overall financial performance.” About 200 locations are set for closures.

The company is helping customers find other pharmacies, the official said. The Hull Street store’s pharmacy closed earlier this month. 

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The 8,000-square-foot store was constructed in 1995, according to city property records. 

Rite Aid has 38 stores in Virginia, including the one at 520 W. Broad St. in Richmond. The spokesperson said “we have not made or confirmed any decisions on additional specific store closures as part of our financial restructuring process.”

Closures have also taken place in New Jersey, Pennsylvania, New York, California, Ohio, Michigan, Massachusetts and Maryland.