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Rite Aid Corporation Business Reports

Rite Aid Corporation Overview

Address

30 Hunter Ln. Camp Hill, 
PA 17011 United States
Phone: 717-761-2633
Fax:717-975-5871
Toll Free:800-748-3243

Rite Aid Corporation Rankings

#100 in FORTUNE 500 (May 2011) 
#100 in FORTUNE 1000 (May 2011) 
#

Company Description

Rite Aid is clinging to its position as a distant third (behind CVS and Walgreen) in the US retail drugstore business. The ailing company runs more than 4,700 drugstores in about 30 states and the District of Columbia. Rite Aid stores fill prescriptions (about two-thirds of sales) and sell health and beauty aids, convenience foods, greeting cards, and other items, including some 3,000 Rite Aid brand private-label products. About 60% of all Rite Aid stores are freestanding and about 50% have drive-through pharmacies. Rite Aid acquired more than 1,850 Brooks and Eckerd drugstores from Canada's Jean Coutu Group for about $4 billion, which left the company with plenty of debt and redundant stores in some areas.

Rite Aid Corporation Company Profile Report

Purchase Report
 
$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • Company History
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Earning Estimates
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.

  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.

  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.

  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.

  • Key People

    Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.

  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

Purchase Report
 
$69

    Choose below from the available Industry Reports related to 

  • Drug Stores Industry Report
  • Internet & Mail-Order Retail Industry Report
  • Retail Sector Industry Report
  • Grocery Stores & Supermarkets Industry Report
  • Cosmetics, Beauty Supply & Perfume Stores Industry Report
  • Gift, Novelty & Souvenir Stores Industry Report
  • Toy & Hobby Stores Industry Report

Drug Stores Industry Report

Purchase Report
 
$129

Overview

The US drug stores industry includes about 42,000 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of about $220 billion. Major companies include Walgreens, CVS Caremark, and Rite Aid. The industry is concentrated: the 50 largest companies generate about 70 percent of revenue.

SIC: 5499, 5912

NAICS: 446110, 446191

 

Sample Questions & Answers

How is the company compensating for lower profit margins on prescription drugs?

The share of prescriptions paid for by insurance or other third parties has grown in recent years, but margins have shrunk. To control their costs, insurance companies often negotiate discounts with drug stores, resulting in lower profit margins for...

 

How is regulatory pressure to reduce drug prices affecting company sales?

The continuing rise in prescription drug costs has encouraged proposals to control drug prices, either through legislation or the formation of large public buyer groups that can negotiate lower prices with drug suppliers. Controls on drug prices cut...

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.

    • Trends & Opportunities

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

    • Call Preparation Questions

      Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

    • Industry Forecast

      Identify growth and integrate projections in your own business planning.

    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.

    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Drug Stores Industry Report

    Purchase Report
     
    $129

    Internet & Mail-Order Retail Industry Report

    Purchase Report
     
    $129

    Overview

    The Internet and mail-order retail industry in the US includes about 20,000 companies with combined annual revenue of about $270 billion. Major companies include Lands’ End, LL Bean, Amazon, Overstock, and Hanover Direct. The industry is concentrated: the top 50 companies account for about 70 percent of industry revenue. Over the past five years, the bulk of the industry's revenue has shifted from catalog to Internet sales. While most brick-and-mortar retailers have an online presence and many also offer catalog sales, this profile focuses on retailers who use the Internet or catalogs as their sole or primary sales channel.

    SIC: 5961

    NAICS: 454111, 454113

     

    Sample Questions & Answers

    How does the current economic environment affect the company's sales outlook?

    Catalog and Internet retailers sell primarily discretionary goods and services, so demand varies with changes in personal income. Consumers delay or cut back on computers, new clothing, home furnishings, and other discretionary items when the economy...

     

    How does the company compete with online sales by traditional retailers?

    Traditional retailers are becoming the dominant online retailers by leveraging high consumer awareness. Consumers are moving to large brands that have online capability and that they're familiar with. Internet retailing has been growing rapidly.

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.

      • Trends & Opportunities

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

      • Call Preparation Questions

        Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

      • Industry Forecast

        Identify growth and integrate projections in your own business planning.

      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.

      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Internet & Mail-Order Retail Industry Report

      Purchase Report
       
      $129

      Retail Sector Industry Report

      Purchase Report
       
      $129

      Overview

      The US retail industry includes about 1 million outlets with combined annual revenue of about $4 trillion. Major companies include Wal-Mart, Home Depot, Kroger, Costco, and Target. While large companies dominate some retail sectors (such as mass merchandisers and grocery stores), other sectors (such as auto dealers and convenience stores) are fragmented. Many specialty retailers are single-store operations.

      SIC: 5983, 5984, 5989, 5992, 5993, 5994, 5995, 5999, 7389, 5211, 5231, 5251, 5261, 5271, 5311, 5331, 5399, 5411, 5421, 5431, 5441, 5451, 5461, 5499, 5511, 5521, 5531, 5541, 5551, 5561, 5571, 5599, 5611, 5621, 5632, 5641, 5651, 5661, 5712, 5713, 5714, 5722, 5731, 5734, 5735, 5736, 5912, 5921, 5932, 5941, 5942, 5943, 5944, 5945, 5946, 5947, 5948, 5961, 5962

      NAICS: 445299, 445310, 446110, 446120, 446130, 446191, 446199, 447110, 447190, 448110, 448120, 448130, 448140, 448150, 448190, 448210, 448310, 454319, 454390, 448320, 451110, 451120, 451130, 451140, 451211, 451212, 451220, 452111, 452112, 452910, 452990, 453110, 453210, 453220, 453310, 453910, 453920, 453930, 453991, 453998, 454111, 454112, 454113, 454210, 454311, 454312, 441110, 441120, 441210, 441221, 441222, 441229, 441310, 441320, 442110, 442210, 442291, 442299, 443111, 443112, 443120, 443130, 444110, 444120, 444130, 444190, 444210, 444220, 445110, 445120, 445210, 445220, 445230, 445291, 445292

       

      Sample Questions & Answers

      How sensitive is the company's business to the economy?

      Economic factors, including personal income, consumer confidence, job growth, and interest rates, can greatly affect consumer spending and the retail sector. During recessionary periods, retail sales growth can slow drastically and even decline.

       

      How does the company compete with large retailers?

      In many retail segments, large companies dominate and hold the majority of the market. Even specialty retailers in fragmented markets must compete with mass merchandisers and warehouse clubs that offer a smaller selection of comparable merchandise at...

       

      To read this full Call Prep Question and others, purchase the full report.

       

      General Report Description

      Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

       

      Sections Included in Report

      • Industry Overview
      • Quarterly Industry Update
      • Business Challenges
      • Trends and Opportunities
      • Call Preparation Questions
      • Financial Information
      • Industry Forecast
      • Website and Media Links
      • Glossary of Acronyms

        Industry Report Highlights:

        • Recent Developments

          Stay up to date on crucial industry news that may affect your strategy.

        • Trends & Opportunities

          Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

        • Call Preparation Questions

          Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

        • Industry Forecast

          Identify growth and integrate projections in your own business planning.

        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

        • Executive Insight

          Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

        • Financial Information

          Increase your credibility and support your presentations by adding verifiable industry metrics.

        • Web Links & Acronyms

          Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

        Retail Sector Industry Report

        Purchase Report
         
        $129

        Grocery Stores & Supermarkets Industry Report

        Purchase Report
         
        $129

        Overview

        The US retail grocery industry includes about 65,000 supermarkets and other grocery stores with combined annual revenue of about $470 billion. Major companies include Kroger, Safeway, and SUPERVALU as well as Ahold, the US division of Netherlands-based Royal Ahold. The industry is concentrated: the 50 largest companies generate about 70 percent of revenue.

        SIC: 5411, 5421, 5431, 5441, 5451, 5461

        NAICS: 445110, 445210, 445220, 445230, 445291, 445292, 445299

         

        Sample Questions & Answers

        How has the company's competitive environment changed over time?

        As alternative retailers realized the traffic-driving power of food sales, the competitive set for grocery stores expanded and the battle over food dollars became more intense. By buying in enormous volume, mass merchandisers and warehouse clubs have...

         

        What are the company's biggest challenges in maintaining margins?

        Grocery stores operate with extremely low margins and depend on volume to generate profits. Gross margins are 25 percent of sales, lower than the 40 to 50 percent margin for most retailers. Profit margins can be razor-thin: in some cases, grocery...

         

        To read this full Call Prep Question and others, purchase the full report.

         

        General Report Description

        Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

         

        Sections Included in Report

        • Industry Overview
        • Quarterly Industry Update
        • Business Challenges
        • Trends and Opportunities
        • Call Preparation Questions
        • Financial Information
        • Industry Forecast
        • Website and Media Links
        • Glossary of Acronyms

          Industry Report Highlights:

          • Recent Developments

            Stay up to date on crucial industry news that may affect your strategy.

          • Trends & Opportunities

            Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

          • Call Preparation Questions

            Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

          • Industry Forecast

            Identify growth and integrate projections in your own business planning.

          • Business Challenges

            Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

          • Executive Insight

            Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

          • Financial Information

            Increase your credibility and support your presentations by adding verifiable industry metrics.

          • Web Links & Acronyms

            Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

          Grocery Stores & Supermarkets Industry Report

          Purchase Report
           
          $129

          Cosmetics, Beauty Supply & Perfume Stores Industry Report

          Purchase Report
           
          $129

          Overview

          The cosmetic, beauty supply, and perfume store (beauty store) industry includes about 13,000 stores with combined annual revenue of around $10 billion. Major companies include Sally Beauty Supply, Ulta, Sephora, and divisions of Limited Brands (Bath & Body Works) and L’Oreal (The Body Shop International). The industry is concentrated: the top 50 companies have almost 75 percent of industry revenue.

          SIC: 5999

          NAICS: 446120

           

          Sample Questions & Answers

          What is the company’s most significant competitive threat?

          Beauty stores face a wide range of competitors across all price segments, including department stores, drugstores, mass merchandisers, TV shopping networks, and Internet retailers. Department stores are the top channel for beauty...

           

          How vulnerable is the company’s product mix to changes in consumer spending?

          Sales of beauty products, particularly high-end, are susceptible to decreased consumer spending. Consumers consider many beauty products luxuries, and segments of the industry are vulnerable to economic downturns. Consumers may reduce discretionary...

           

          To read this full Call Prep Question and others, purchase the full report.

           

          General Report Description

          Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

           

          Sections Included in Report

          • Industry Overview
          • Quarterly Industry Update
          • Business Challenges
          • Trends and Opportunities
          • Call Preparation Questions
          • Financial Information
          • Industry Forecast
          • Website and Media Links
          • Glossary of Acronyms

            Industry Report Highlights:

            • Recent Developments

              Stay up to date on crucial industry news that may affect your strategy.

            • Trends & Opportunities

              Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

            • Call Preparation Questions

              Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

            • Industry Forecast

              Identify growth and integrate projections in your own business planning.

            • Business Challenges

              Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

            • Executive Insight

              Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

            • Financial Information

              Increase your credibility and support your presentations by adding verifiable industry metrics.

            • Web Links & Acronyms

              Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

            Cosmetics, Beauty Supply & Perfume Stores Industry Report

            Purchase Report
             
            $129

            Gift, Novelty & Souvenir Stores Industry Report

            Purchase Report
             
            $129

            Overview

            The US gift, novelty, and souvenir store (gift store) industry includes about 30,000 stores with combined annual revenue of about $18 billion. Major companies include Hallmark, Spencer Gifts, and Disney Stores (a division of The Walt Disney Company). The industry is fragmented: the top 50 companies account for about 30 percent of sales.

            SIC: 5947, 5992

            NAICS: 453110, 453220

             

            Sample Questions & Answers

            What is the company’s most serious competitive threat?

            Gift stores face intense competition from mass merchandisers, department stores, and Internet retailers. Wal-Mart and Target are two top destinations for gift shoppers, according to Unity Marketing. Reseller websites, such as eBay, and craft sites...

             

            How do changes in consumer spending affect the company’s sales?

            Most gifts are discretionary purchases and gift sales depend on consumer spending. While consumers may not eliminate gift purchases when the economy slows, many spend less and are less likely to buy additional items for themselves on impulse. Without...

             

            To read this full Call Prep Question and others, purchase the full report.

             

            General Report Description

            Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

             

            Sections Included in Report

            • Industry Overview
            • Quarterly Industry Update
            • Business Challenges
            • Trends and Opportunities
            • Call Preparation Questions
            • Financial Information
            • Industry Forecast
            • Website and Media Links
            • Glossary of Acronyms

              Industry Report Highlights:

              • Recent Developments

                Stay up to date on crucial industry news that may affect your strategy.

              • Trends & Opportunities

                Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

              • Call Preparation Questions

                Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

              • Industry Forecast

                Identify growth and integrate projections in your own business planning.

              • Business Challenges

                Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

              • Executive Insight

                Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

              • Financial Information

                Increase your credibility and support your presentations by adding verifiable industry metrics.

              • Web Links & Acronyms

                Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

              Gift, Novelty & Souvenir Stores Industry Report

              Purchase Report
               
              $129

              Toy & Hobby Stores Industry Report

              Purchase Report
               
              $129

              Overview

              The US toy and hobby store industry includes about 9,000 stores with combined annual revenue of about $20 billion. Major companies include Toys "R" Us, Michaels Stores, and AC Moore Arts & Crafts. The industry is highly concentrated: the top 50 companies generate about 85 percent of revenue.

              SIC: 5945

              NAICS: 451120

               

              Sample Questions & Answers

              How do changes in consumer spending affect the company's business?

              Most consumers classify toys and hobby products as leisure purchases, and sales depend on personal income, consumer confidence, and economic health. During the late 2000s recession, personal consumer expenditures on recreational goods slowed...

               

              How does the company compete with mass merchandisers?

              Toy and hobby stores face strong competition from mass merchandisers like Wal-Mart and Target. In addition, toy stores must compete with consumer electronics retailers like Best Buy for sales of electronic toys and video games. By expanding craft and...

               

              To read this full Call Prep Question and others, purchase the full report.

               

              General Report Description

              Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

               

              Sections Included in Report

              • Industry Overview
              • Quarterly Industry Update
              • Business Challenges
              • Trends and Opportunities
              • Call Preparation Questions
              • Financial Information
              • Industry Forecast
              • Website and Media Links
              • Glossary of Acronyms

                Industry Report Highlights:

                • Recent Developments

                  Stay up to date on crucial industry news that may affect your strategy.

                • Trends & Opportunities

                  Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

                • Call Preparation Questions

                  Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.

                • Industry Forecast

                  Identify growth and integrate projections in your own business planning.

                • Business Challenges

                  Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

                • Executive Insight

                  Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

                • Financial Information

                  Increase your credibility and support your presentations by adding verifiable industry metrics.

                • Web Links & Acronyms

                  Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

                Toy & Hobby Stores Industry Report

                Purchase Report
                 
                $129

                Rite Aid Corporation Overview

                Top 3 Competitors

                Company: The Great Atlantic & Pacific Tea Company, Inc.
                Location: Montvale, NJ

                Company: Ahold U.S.A., Inc.
                Location: Carlisle, PA

                Company: BJ's Wholesale Club, Inc.
                Location: Westborough, MA

                Industries where Rite Aid Corporation Competes

                Drug Stores
                Read More

                Retail Sector
                Read More

                Cosmetics, Beauty Supply & Perfume Stores
                Read More

                Grocery Stores & Supermarkets
                Read More

                Nonstore Retail
                Read More

                Internet & Mail-Order Retail
                Read More

                Competitive Landscape Brief

                Health and nutrition trends and consumer spending drive demand. The profitability of individual companies depends on product innovation, effective merchandising, and competitive pricing. Large companies have advantages in purchasing, distribution, finance, and marketing. Small companies can compete effectively by providing superior customer service, offering unique products, serving a local market, or leveraging online sales. The industry is labor-intensive: average annual revenue per employee is less than $140,000. Health supplement stores compete with discount stores, supermarkets, drugstores, mail order and Internet retailers, health food stores, and direct sellers of supplements.

                Rite Aid Corporation Competitive Landscape

                Purchase Report
                 
                $69

                Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

                 

                Sections Included in Report

                • Key Numbers
                • Profitability
                • Valuation
                • Operations
                • Financial Ratios
                • Per Share Data ($)
                • Growth Statistics
                • *Data provided for 3 to 30 competitors

                  Company Landscape Report Highlights

                  • Competitors List

                    Identify specific primary and secondary competitors, allowing you evaluate the chances of successfully introducing new products.

                  • Competitive Landscape

                    Access detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

                  Competitive Landscape Report

                  Purchase Report
                   
                  $69

                  Rite Aid Corporation Overview

                  Address

                  30 Hunter Ln. Camp Hill, 
                  PA 17011 United States
                  Phone: 717-761-2633
                  Fax:717-975-5871
                  Toll Free:800-748-3243

                  Rite Aid Corporation Rankings

                  #100 in FORTUNE 500 (May 2011) 
                  #100 in FORTUNE 1000 (May 2011) 
                  #

                  Company Description

                  Rite Aid is clinging to its position as a distant third (behind CVS and Walgreen) in the US retail drugstore business. The ailing company runs more than 4,700 drugstores in about 30 states and the District of Columbia. Rite Aid stores fill prescriptions (about two-thirds of sales) and sell health and beauty aids, convenience foods, greeting cards, and other items, including some 3,000 Rite Aid brand private-label products. About 60% of all Rite Aid stores are freestanding and about 50% have drive-through pharmacies. Rite Aid acquired more than 1,850 Brooks and Eckerd drugstores from Canada's Jean Coutu Group for about $4 billion, which left the company with plenty of debt and redundant stores in some areas.

                  Rite Aid Corporation Spotlight on IT

                  Purchase Report
                   
                  $300

                  Hoover’s Spotlight Reports on IT give you a look inside of IT departments of top companies, making it easier for you to learn, prepare, and sell to the IT professionals that lead them. These reports reveal the software and platforms that are currently in use, an overview of the IT department and their strategy, and the IT leaders that make the decisions.

                   

                  Sections Included in Report

                  • Company Overview
                  • IT Strategy
                  • IT Highlights
                  • IT Executives
                  • IT Contacts
                  • Recent News and Activity
                  • Conversation Starters
                  • Industry Data
                  • Major Subsidiaries and Locations

                    Information Technology Report Highlights

                    • Company Overview

                      Quickly grasp how company operates and understand their current business environment, ensuring you make the right first impression with minimal time invested.

                    • IT Highlights

                      Be in the know about a company's current infrastructure before you make contact with the list of applications, software, and hardware presently in use.

                    • IT Contacts

                      Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you don't waste time talking to the wrong contact.

                    • Conversation Starters

                      Gain instant rapport by engaging you sales prospect as a fellow industry "insider," thanks to these carefully-designed call preparation question (with answers).

                    • Major Subsidiaries & Locations

                      Uncover new cross-sell and up-sell opportunities by exploring the company's corporate relationships.

                    • Business Challenges

                      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

                    • IT Strategy

                      Identify industry trends, opportunities, and challenges that a company is facing right now - often directly from the mouths of its own executives.

                    • IT Executives

                      Learn the background and technology interests of the company's IT executives, allowing you to strategically position your product in a way that's compatible with their vision.

                    • Recent News & Activity

                      Stay connected to your prospects and customers by communicating with them about recent developments that affect their business.

                    • Industry Data

                      Find the SIC and NAICS codes for the oftentimes disparate industries a company does business in to ensure your sales presentation delivers a wide-reaching and compelling value proposition.
                    Purchase Report
                     
                    $300