Philadelphia-based Rite Aid Corp. is planning to close 63 stores in an effort to save $25 million after announcing a net loss of $36.1 million for the third quarter, but hasn't announced which stores will close.

Rite Aid said it has identified the stores that will be closed, but hasn't publicly announced them. The pharmacy chain has four stores in the county, including 139 S. Main St. in Butler, 1520 N Main Street Ext. in Center Township, and 178 Point Plaza and 200 Greater Butler Mart in Butler Township.

Rite Aid announced Tuesday that it is conducting a rigorous assessment of its store base and has implemented a store closure program.

The program's primary focus is to reduce costs, drive improved profitability and ensure that Rite Aid has a healthy foundation from which to grow, with the right stores in the right locations, for the communities it serves and for its business, the company said in a statement.

As a result of this ongoing review, Rite Aid identified 63 stores for closure that is expected to provide an annual earnings before interest, taxes, depreciation and amortization benefit of approximately $25 million. The closures began in November.

Associates affected by these store closures are being offered the opportunity to transfer to another store.

The review work will continue, and the company anticipates the number of closures to increase as it finalizes the review over the next several months.

For the third quarter, which ended Nov. 27, the company reported revenue from continuing operations increased 1.8% to $6.23 billion compared to prior year third quarter revenues from continuing operations of $6.12 billion; a third quarter net loss from continuing operations of $36.1 million or 67 cents per share, compared to the prior year third quarter net income of $4.3 million or 8 cents per share; and a third quarter adjusted net income from continuing operations of $8.2 million or 15 cents per share, compared to the prior year third quarter adjusted net income of $21.6 million or 40 cents per share.

Correction added 12/22/21 at 3:25 p.m. — There are nine Rite Aid stores in Butler County. The stores are located at 221 Grove City Road in Slippery Rock 20480 Route 19 in Cranberry Township, 100 Seven Fields Blvd. in Seven Fields, 115 Perry Highway in Harmony, 129 Grand Ave. in Mars, 1520 N. Main St. Ext. in Center Township, 139 S. Main St. in Butler and 178 Point Plaza and 200 Greater Butler Mart in Butler Township. An article in Wednesday’s paper contained incorrect information.