"Will Rite Aid Close?" ++ Reward Points No Good + Accrued Points & Bonus Cash Will Expire

“Will Rite Aid close?” one reader wrote into A Little Beacon Blog this afternoon. Yes. The brand of Rite Aid announced the closure of all stores, distribution centers and assets, and gave their parting statement. The Poughkeepsie Journal published a list of the stores in the Hudson Valley that will close. That list has been republished below.

Will The Location Or Rite Aid Remain A Pharmacy?

Will the location of Rite Aid remain a pharmacy? We don’t know. We do know that Rite Aid is selling everything they have, and left the door open a wee bit for another brand to buy remaining stores. Walgreens once entertained buying Rite Aid, but then Walgreens was acquired by Sycamore Partners. Would someone like Walgreen’s parent company take the lease and rebrand the pharmacy? Not sure.

From AMNY’s article published May 6th: “All Rite Aid distribution centers will close, and all remaining New York stores will either close or be operated by a new owner.”

From the Poughkeepsie Journal’s article published May 7th at 5am, Beacon’s location is in the list as “set to close.”

ALBB went in to ask Rite Aid Beacon’s Manager Heather questions about how many full and part time employees work at Beacon’s Rite Aid, but she shut down any questions.

Rite Aid Reward Points And Cash

According to the Poughkeepsie Journal: “Rite Aid Rewards points will no longer be used for purchases starting Tuesday, May 6. All accrued points and BonusCash will expire within 90 days and 30 days of issuance, respectively. Starting June 5, the pharmacy will not honor any Rite Aid gift cards or accept any returns or exchanges.”

The Poughkeepsie Journal listed the stores “set to close in the mid-Hudson Valley:”

103 Hawkins Drive, Montgomery
701 Route 211 East, Middletown
657 Broadway, Newburgh
320 Main Street, Beacon

3350 North Road, Poughkeepsie
238 Hooker Avenue, Poughkeepsie
1604 Route 9, Wappingers Falls
1 Crum Elbow Road, Hyde Park