has been the pharmacy manager of the Lynbrook Rite Aid since it opened in November 1995, but even he was among those shocked to learn the store was due to close on Wednesday, after the Herald went to press.
“I was very surprised, and I thought this store was doing well and we were told it was profitable,” he said, “so it came as a surprise to me and my staff. A lot of customers are upset because they found out it was their neighborhood pharmacy, it was something a lot of them could walk to and most of them are very sad that we are leaving.
Giovanniello said he doesn’t know why the store, at 400 Sunrise Highway, is closing, but the announcement to staff came abruptly earlier this month.
In an emailed statement to the Herald, a spokeswoman for Rite Aid said the company regularly reviews its locations to ensure they meet the needs of communities and business customers, and the Lynbrook store was the one of the 145 stores he had chosen to close between last fall and this month of June.
“The decision to close a store is one we take very seriously and is based on a variety of factors,” the statement said, “including business strategy, lease and rent considerations, local business conditions and store viability and performance We are looking at each neighborhood to ensure that our customers will have access to healthcare services, whether at Rite Aid or a nearby pharmacy, and we are working to seamlessly transfer their prescriptions to that there is no interruption of services.
The news was greeted with wonder and disappointment by many of the store’s longtime customers. Amanda Whitney said the business has served her well over the years.
“As a new mom nearby, it was convenient for me to pick up baby items,” she said. “So I’m definitely disappointed with the sudden closure of the store.”
Lisa Scotto Blank said she liked the employees there.
“I’m so upset that they’re closing,” she said. “I will miss the store and the staff.”
Helene Belding said she thought the competition was too much for the store.
“CVS has a stranglehold on Long Island,” she said. “You can’t throw a stone without hitting one.”
The Lynbrook store was open daily from 7 a.m. to midnight and offered home delivery of prescriptions, sold food and beer, offered money transfers and had a station where customers could check their blood pressure. He also provided several types of vaccinations.
According to a press release posted on Rite Aid’s website on April 14, the company’s full-year revenue increased by $525 million to $24.6 billion in 2021, its sales increased by 12%, its pharmacies generated $379 million in operating cash flow and reduced net debt. of $212 million. He also noted strong fiscal prospects for 2022 and 2023.
Lynbrook Mayor Alan Beach said he had not received details of why the store was closed.
“I don’t have any details,” he said. “It was a surprise for the village.”
Building Department Superintendent Brian Stanton said he is looking into the matter. “We are very concerned as a village when something of this size closes,” he said.
Beach said he was looking into whether the owner planned to sell it for another use, noting it was a large piece of land and he hoped it wouldn’t sit vacant for too long. The village has several projects completed or in progress. He recently opened the Cornerstone at Yorkshire Apartment Complex, a four-story, 80-unit, $24 million apartment building on the site of the former Capri Lynbrook Motor Inn. Construction will also begin soon on a $95 million, 201-unit transit-focused apartment complex on the site of the former Mangrove Feather factory.