The favored drugstore chain filed for Chapter 11 chapter safety Monday because it confronted continued monetary struggles.
WASHINGTON — Pharmacy chain Ceremony Support is planning one other wave of retailer closures because it enters its second chapter.
The favored drugstore chain filed for Chapter 11 chapter safety Monday because it confronted continued monetary struggles. Ceremony Support had beforehand filed for chapter in October 2023 and downsized the corporate from over 2,300 shops to about 1,200.
Paperwork in a court docket submitting on Tuesday revealed that the pharmacy chain plans to shut 47 shops throughout the U.S.
In Monday’s announcement, the corporate stated it deliberate to maintain shops open for the subsequent few months because it tries to promote considerably all of its belongings. The corporate isn’t shopping for new stock so naked cabinets are more likely to turn out to be extra widespread, in keeping with the Related Press.
The struggling drugstore stated it acquired $1.94 billion in new financing to maintain the shops working throughout the proceedings. Ceremony Support stated staff will proceed receiving pay and advantages as the corporate goes via the proceedings and potential sale.
The corporate runs 1,245 shops in 15 states, in keeping with its web site. It has a heavy presence in New York, Pennsylvania and California, which alone has 347 areas.
Listing of Ceremony Support retailer closures:
If accepted as proposed, a complete of 47 areas throughout 9 states will shut as a part of the corporate’s “preliminary closing areas,” in keeping with chapter filings. It is unclear if and when the proposal can be accepted, or when areas would totally shut.
California
- 211 East seventeenth St. – Costa Mesa
- 1038 East Colorado Blvd. – Pasadena
- 6150 Van Buren Blvd. – Riverside
- 220 West East Ave. – Chico
- 4774 West Ln. – Stockton
- 4920 La Sierra Ave. – Riverside
- 1331 Wilshire Blvd. – Santa Monica
- 446 East Washington Blvd. – Los Angeles
- 23 Peninsula Middle – Rolling Hills Estates
- 3300 East Anaheim St. – Lengthy Seaside
- 1203 West Imola Ave. – Napa
- 1550 Hamilton Ave. – San Jose
- 501 South Gaffey St. – San Pedro
- 4840 Niagara Ave. – San Diego
- 1534 East Florence Ave. – Los Angeles
- 32450 Clinton Keith Rd. – Wildomar
- 720 Sutton Method – Grass Valley
- 34420 Yucaipa Blvd. – Yucaipa
- 2751 Del Paso Rd. – Sacramento
Connecticut
- 180 Important St. – Cheshire
- 113-115 Mill Plain Rd. – Danbury
- 56 Rubber Ave. – Naugatuck
Massachusetts
- 1031 Important St. – Clinton
New Hampshire
- 75 Portsmouth Ave., Unit 1 – Exeter
- 19 Wilton Rd., Suite 1a – Peterborough
- 354 Winchester St. – Keene
New Jersey
- 75 South Important St. – Neptune
- 403 Sicklerville Rd. – Sicklerville
New York
- 5901 Bay Pkwy.– Brooklyn
- 8222 18th Ave. – Brooklyn
- 55-60 Myrtle Ave. – Ridgewood
- 50-15 Roosevelt Ave. – Woodside
- 60-26 Woodside Ave, – Woodside
Oregon
- 1400 West sixth St. – The Dalles
- 514 Ne 181st Ave. – Portland
- 2521 South Sixth St. – Klamath Falls
- 700 S.E. third St. – Bend
Pennsylvania
- 304 Market St. – Harrisburg
- 23 North Elm St. – Kutztown
- 3773 Peters Mountain Rd. – Halifax
- 1039 2nd St. – Pike Richboro
- 843 Rostraver Rd. – Belle Vernon
- 400 West Second St. – Berwick
- Pittsburgh Intl Airport – Pittsburgh
- 209 Atwood St. – Pittsburgh
Washington
- 250 Basin St. SW – Ephrata
- 248 Bendigo Blvd S – North Bend
What is going to occur to Ceremony Support Reward factors and present playing cards?
Following Monday’s announcement, Ceremony Support Rewards factors will not be issued for qualifying purchases as of Tuesday, Could 6. Current factors and BonusCash will even expire per the phrases and situations.
Ceremony Support stated it can not honor Ceremony Support present playing cards or settle for any returns or exchanges beginning June 5, 2025.
