Rite Aid to Close Stores

Rite Aid recently announced that it will close 63 of its stores in a cost-cutting move. 

Heyward Donigan, President and CEO of the Camp Hill-based corporation, said that this is a "first phase" of a store closure program to reduce costs and drive profitability.

The company announced in September that it will be moving its headquarters to Philadelphia early next year as it shifts to a focus on remote work.

No word yet on which stores are slated for closure.

Employees impacted will be offered the opportunity to transfer to other stores.