Rite Aid at 50-15 Roosevelt
The Rite Aide at 50-15 Roosevelt Ave has closed. The long-standing area store that has served countless customers over the years had recently been victimized by local theft, but the big issue is that the company declared Chapter 11 bankruptcy on May 5, 2025. This is the company’s second bankruptcy filing, following its first Chapter 11 filing in October 2023. The latest bankruptcy proceedings will result in the closure of all remaining Rite Aid stores, including locations in New York.
The company cited financial struggles, mounting debt, and lawsuits related to the opioid crisis as key reasons for its bankruptcy. Rite Aid will sell assets, including prescription files and inventory, to other pharmacies.
Rite Aid is closing all 178 stores in New York State following its second Chapter 11 bankruptcy filing. The closures will affect locations across New York City, Long Island, the Hudson Valley, and upstate regions. The company has struggled with financial losses, mounting debt, and lawsuits related to the opioid crisis.
Stores will remain open for a few months, but prescription files and inventory will be sold to other pharmacies. Customers are advised to transfer prescriptions before their local store shuts down.
Yes, Rite Aid is closing all 178 stores in New York, including 13 locations in Queens. Some of the affected stores in your area include:
Bayside: 43-20 Bell Blvd
Flushing: 158-02 Union Turnpike, 3700-06 Junction Blvd
Jackson Heights: 85-10 Northern Blvd
Woodside: 60-26 Woodside Ave
Ozone Park: 102-30 Atlantic Ave
South Richmond Hill: 122-02 Liberty Ave
Rosedale: 245-14 Francis Lewis Blvd
If your local store is on this list, it will close soon. Rite Aid advises customers to transfer prescriptions to another pharmacy before closures begin.
