• # 94 FORTUNE 1000 (May 2018)

Rite Aid Corporation

Rite Aid
30 Hunter Ln
Camp Hill, PA, 17011-2400  United States
(717) 761-2633
Company Type: Public Parent

Rite Aid ranks a distant third (behind Walgreen and CVS) in the US retail drugstore business, with more than 4,600 drugstores in more than 30 states and the District of Columbia. Rite Aid stores generate roughly 70% of their sales from filling prescriptions, while the rest comes from selling health and beauty aids, convenience foods, greeting cards, and more, including some 3,500 Rite Aid brand private-label products. More than 60% of all Rite Aid stores are freestanding and over half have drive-through pharmacies. A deal to be acquired by Walgreens Boots Alliance was dropped in mid-2017; instead, Rite Aid will sell about half of its retail stores to the pharmacy leader. A deal for Albertsons to acquire the rest of the company fell through in 2018.

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  •  EMPLOYEES 800
  • ASSETS (MIL USD) 7,591
  •  SALES (MIL USD) 21,639.56
  • TICKER SYMBOL RAD
  • Incorporated 1962
  • MARKET VALUE (MIL USD) 413.6
  • FISCAL YEAR END MAR
  • SALES GROWTH % 0.51%
  • CREDIT PRESCREEN LOW RISK

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  • Kermit R. Crawford
    President and COO
  • Bryan Everett
    COO, Rite Aid Stores
  • John T. Standley
    Chairman and CEO
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Rite Aid Corporation

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