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Rite Aid at 408 Grand St. is Closing

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Rite Aid employees at 408 Grand St. have been telling customers that the store will permanently close on May 16.

On Sunday, many of the shelves were looking pretty bare and “clearance” signage was posted throughout the store. A few months ago, Rite Aid announced, “a store closure program to reduce costs, drive improved profitability and ensure that we have a healthy foundation to grow from, with the right stores in the right locations, for the communities we serve and for our business.” The company is closing 145 locations across the country.

The 15,000 square foot store at 408 Grand St. is part of the Grand Street Guild apartment complex, where two new 100% affordable towers are in-the-works, including one on Broome Street, just behind the one-story commercial building housing Rite Aid.

In 2018, a CVS pharmacy opened just across the street in a Target store that’s part of Essex Crossing. There’s also a CVS store at 500 Grand St. A longtime independent business, Levitt Pharmacy (407 Grand St.) has hung in there, as well, just across from Target.

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