Rite Aid Corporation

Industry:	Drug Stores & Pharmacies
Ranking:	Russell 3000, Global 500, Fortune 500
Revenues:	$24.4 Billion
Employees:	86,856

Description

Rite Aid Corporation is a retail drugstore chain in the United States. The Company operates its drugstores in 31 states across the United States and in the District of Columbia. As of March 1, 2008, it operated 5,059 stores. In its stores, the Company sells prescription drugs and an assortment of other merchandise, which it calls front-end products. Front end products include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, beverages, convenience foods, greeting cards, seasonal merchandise and numerous other everyday and convenience products, as well as photo processing. It offers approximately 3,000 products under the Rite Aid private brand. In June 2007, the Company completed the acquisition of 1,854 Brooks and Eckerd stores and six distribution centers from The Jean Coutu Group (PJC) Inc., creating a drugstore chain on the East Coast.
(Source: 10-K)

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News Archive

Rite Aid Offers Big Back-to-School Savings with Private Brand Value, Online Rebates. Science Letter; 8/11/2009 This school shopping season Rite Aid will tempt frugal shoppers nationwide...of school supply rebates (see also Rite Aid). To make back-to-school shopping easy, Rite Aid created a special four-page, pull... ...more

Rite Aid Assists with Flood Relief Efforts in Mingo and Surrounding Counties of West Virginia. Investment Weekly News; 6/27/2009 Rite Aid announced that the Rite Aid Foundation is making a $10,000 donation to the American Red Cross...by these devastating floods," said Gayle Rife, manger of the Rite Aid Foundation. "We are hoping that our donation can help make it... ...more

Rite Aid Announces Offering of Senior Secured Notes as Part of Comprehensive Plan to Refinance September 2010 Debt Maturities. Health & Medicine Week; 6/22/2009 Rite Aid Corporation (NYSE:RAD) announced its...unsecured, unsubordinated obligations of Rite Aid Corporation and will be guaranteed by substantially all of Rite Aid's subsidiaries. The guarantees will be... ...more