The Rite Aid store at 1940 E. First Street in Port Angeles Plaza will soon close due to corporate downsizing. The Rite Aid on South Lincoln Street in Port Angeles and the Sequim store at Fifth and Washington streets will remain open. Rite Aid declared Chapter 11 bankruptcy last October and has closed more than 500 stores nationwide, citing a need to “further reduce rent expense and strengthen overall financial performance.”
The Rite Aid store at 1940 E. First Street in Port Angeles Plaza will soon close due to corporate downsizing. The Rite Aid on South Lincoln Street in Port Angeles and the Sequim store at Fifth and Washington streets will remain open. Rite Aid declared Chapter 11 bankruptcy last October and has closed more than 500 stores nationwide, citing a need to “further reduce rent expense and strengthen overall financial performance.” (Keith Thorpe/Peninsula Daily News)
