Current Status of the Previously Occupied Rite Aid Store at Palos Verdes Mall, Walnut Creek
In the heart of Walnut Creek, California, the Rite Aid at Palos Verdes Mall has served the community for over a decade. The store, known for its convenient access to prescriptions, friendly staff, and iconic Thrifty ice cream, has been a staple in the suburban strip mall. However, as of early September 2025, the store has fully shut down, and all of its items have been liquidated.
This closure is part of a larger trend affecting Rite Aid locations throughout the Bay Area. The bankruptcy of the entire Rite Aid chain has caused a ripple effect, impacting many communities.
The closure of Rite Aid at Palos Verdes Mall has left a gap in the mall, which, despite recent struggles in downtown Walnut Creek, has been thriving on the periphery. The mall's other anchor store, Lunardi's supermarket, remains open.
While there's no definitive information about what will replace the Rite Aid at Palos Verdes Mall, a Sephora store is planned to open in the space. However, the bankruptcy proceedings of Rite Aid are delaying the search for a new tenant.
For updates on the new tenant for the Rite Aid space at Palos Verdes Mall, readers can join the 925 News newsletter. The 925 News is a free newsletter brought to readers by the 925 News website, which provides updates on various topics such as events, restaurant openings, local breaking news, small business spotlights, and crime reports in Walnut Creek, Lamorinda, Danville, Concord, and the Trivalley.
The 925 News has previously reported on the closure of other Rite Aid locations and the opening of new stores in the area. The team at 925 News will keep readers informed as soon as they've selected a new tenant for the Rite Aid space.
In the meantime, the signage for Rite Aid remains up, but there's no permit activity for a new tenant at the location. The retail landscape of Walnut Creek continues to evolve, and the community waits with anticipation for the arrival of the new tenant at Palos Verdes Mall.
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