DELMARVA — Rite Aid has filed for Chapter 11 bankruptcy and will close all of its approximately two dozen stores on the Delmarva Peninsula. Locations in Easton, Pocomoke City, Selbyville, Smyrna, and other areas will shut down over the next several days to months as the company moves through a court-supervised sale and asset liquidation process. The company announced it secured $1.94 billion in new financing on May 5th to support the restructuring and sale. Rite Aid said it aims to maintain pharmacy services and preserve jobs where possible during this period. The Salisbury store on Mt. Hermon Road is scheduled to close June 17th. The Dover location on Greentree Drive will close June 30th. No closure dates have been provided for stores in Parsons Road Salisbury, Berlin, or Ocean Pines. Rite Aid said most stores will remain open for the next few months to continue offering pharmacy services, retail products, and immunizations while transitioning customers to other pharmacies.
