Former owner repurchases Rite Aid property in Clinton for $2.3M. April 10, 2026 The site of a former Rite Aid in Clinton has sold for $2.3 million to a New York-based firm. The property at 1031 Main St. sold in a deal finalized Wednesday, according to Worcester District Registry of Deeds records. The 10,000-square-foot building sits on an eight-acre site and was formerly occupied by Rite Aid. The location closed in 2025 after Rite Aid filed for bankruptcy, according to the Worcester Telegram & Gazette. Pennsylvania-headquartered Rite Aid ceased all operations that same year. The Clinton property was purchased by a New York entity managed by Melanie Orlofsky, according to real estate data firm CoStar. Orlofsky previously owned the site, buying it for $3.1 million in 2021 and later selling it for $3.6 million in 2022 to Moreland Arizona Prop LLC, a Colorado-based entity managed by William Moreland. Orlofsky purchased a former Rite Aid site in Connecticut for $2.4 million in 2023. Contacted by phone Friday, Orlofsky hung up after the reporter identified himself. Moreland's portfolio includes more than 30 industrial and retail properties across the country, according to CoStar. The building was constructed in 1997 and was marketed as a highly visible corner-lot property near other retail uses, with about 9,300 households within a three-mile radius. Jim Coleman, Kimberly Reagan, and Shelly Weeks of Verani Commercial in New Hampshire served as the listing brokers for the Clinton transaction. The property received a 2026 assessment of $2.79 million, according to Town of Clinton property records. Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the real estate and banking & finance industries. - Digital Partners -

CVS, Walgreens and Rite Aid closing stores in Florida as nationwide pharmacy cuts accelerate. March 3, 2026 CVS Health, Walgreens, and Rite Aid are closing hundreds of pharmacy locations nationwide, with several Florida stores impacted. Here's what Florida Daily know about closures in Orlando, Tallahassee, and across the state. Three of the nation's largest pharmacy chains - CVS Health, Walgreens, and Rite Aid - are closing hundreds of locations across the United States, and Florida is among the states feeling the impact. The wave of closures comes amid rising operating costs, shifting consumer buying patterns, industry consolidation, and changes in healthcare reimbursement models. While companies say the moves are strategic, the reductions are raising concerns about pharmacy access in communities across Florida. How many Florida pharmacy locations are impacted? Florida is one of the largest retail pharmacy markets in the country, making it particularly vulnerable to industry restructuring. CVS Health closures in Florida. CVS has confirmed more than 270 additional store closures nationwide as part of a multi-year cost-cutting plan. Between 2022 and 2024, the company closed approximately 900 stores across the country. In Florida, confirmed and reported closures have included locations in: * Orlando * Tallahassee * Additional select communities under performance review CVS has stated that closures are based on "population shifts, consumer buying patterns, store and pharmacy density, pharmacy care access, and community health needs." The company has also faced regulatory scrutiny in states like Tennessee over ownership structures involving pharmacy benefit managers (PBMs), adding to broader operational challenges. Rite Aid's shrinking Florida footprint. Rite Aid has undergone bankruptcy restructuring and has dramatically reduced its national footprint. Nearly 500 stores have been impacted nationwide through closures or asset sales. In Florida, Rite Aid's presence has effectively been eliminated in most markets, with many former locations either shuttered or acquired by CVS. The restructuring marks a major shift in Florida's competitive pharmacy landscape. Discover more Buy vitamins and supplements Walgreens closures and job losses. Walgreens has taken a more targeted approach to closures but has still reduced locations and cut jobs nationwide. Following its $23.7 billion acquisition by Sycamore Partners, Walgreens has streamlined operations and closed select underperforming stores. Florida is home to more than 800 Walgreens locations, one of the highest totals in the country. While the company has not released a full Florida-specific closure list, analysts say high-density markets like Florida are often closely evaluated during restructuring efforts. Why are pharmacies closing? Across the industry, several key factors are driving store closures: * Inflation and rising operational costs * Lower pharmacy reimbursement rates * Labor shortages * Increased competition from mail-order and online pharmacies * Store saturation in high-density states like Florida Retail pharmacies are also evolving into broader healthcare hubs, offering clinics and preventative care services - a shift that may reduce the need for overlapping storefronts in certain regions. What it means for Florida residents. For many Florida communities - particularly seniors and rural residents - neighborhood pharmacies serve as a primary healthcare touchpoint. Closures can mean: * Longer travel times for prescriptions * Increased wait times at remaining stores * Reduced access in underserved areas Florida's aging population makes pharmacy access especially critical. As consolidation continues, healthcare access advocates are closely watching how closures may affect vulnerable communities. The bottom line. While CVS, Walgreens and Rite Aid describe the closures as strategic realignments, the impact in Florida is real and ongoing. With hundreds of stores closed nationwide and Florida among the largest pharmacy markets in America, more adjustments could follow in the months ahead. FloridaDaily.com will continue tracking confirmed closures and updates across the state.