Princeton Junction Rite Aid Becomes Walgreens

PRINCETON JUNCTION, NJ — The Rite Aid in Princeton Junction is changing over to Walgreens, and it’s not clear is closing the store is a possibility.

The Rite Aid at Windsor Plaza, 41 Princeton-Hightstown Road in Princeton Junction is among 90 Rite Aids statewide that will become Walgreens, just as Walgreens announced that it will be closing 200 stores in 2019, the company said in an August U.S. Securities and Exchange Commission filing. It has not revealed which stores will be closing.

The Princeton Junction store is already a Walgreens, and is open 7 a.m. to 11 p.m., Monday through Friday; Saturday, 8 a.m. to 10 p.m.; and Sunday, 8 a.m. to 9 p.m.

Walgreens' parent company, Walgreens Boots Alliance, Inc., has purchased a total of 1,932 Rite Aid stores across the country. Fortune magazine reported that the company subsequently closed "hundreds" of them following the transaction. The purchase price was $4.375 billion.

Fortune reported that Walgreens initially planned to close up to 600 Rite Aids but that number soon grew to 750, executives said earlier this year.

It is expected to take up to three years to transition the Rite Aid stores that are changing over to Walgreens. Rite Aid said that any prescriptions or health care accounts will not change as a result of the conversion.

Read more here: 90 NJ Rite Aids Converting To Walgreens: Here's Where