Walgreens-owned Rite Aid stores closing in Waterford, New London

The Rite Aid locations at 280 Broad St. in New London and 75 Boston Post Road in Waterford, two of 1,932 locations nationwide that Walgreens purchased over the last several months, are closing.

The pharmacy at the New London location had its last day in business on June 6, but the remainder of the store has stayed open for the final sale of retail products, spokesperson Phil Caruso said. The store will close permanently next week.

The pharmacy in the Waterford store closed on Tuesday and the rest of the store will close in about two weeks. For both locations, prescription records have been transferred to the Walgreens at 698 Bank St. in New London.

Caruso said in an email that the closure was part of an effort "to help ensure we have the right stores in the right locations to create a more focused network of stores that can deliver the greatest value for our customers."

He added that for both stores, Walgreens expects to have positions at other locations "for the majority of affected team members."

Rite Aid had announced in September that Walgreens would purchase the 1,932 stores for $4.375 billion.


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