Rite Aid Corporation (NYSE: RAD)

30 Hunter Ln.
Camp Hill, PA 17011 (Map)
Phone: 717-761-2633
Fax: 717-975-5871
Toll Free: 800-748-3243
http://www.riteaid.com

Overview

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.

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Key Numbers from Hoover's UK

Key financials for Rite Aid Corporation (NYSE: RAD)

Company Type Public (NYSE: RAD)
Fiscal Year-End February
2011 Sales (mil.) £15,640.8
1-Year Sales Growth (1.8%)
2011 Net Income (mil.) (£344.5)
2011 Employees 91,800
1-Year Employee Growth (5.8%)
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Key People from Hoover's UK

Key people and executives for Rite Aid Corporation (NYSE: RAD)

Co-Chairman Michel Coutu
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Co-Chairman Mary F. Sammons
President, CEO, and Director John T. Standley
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Top Competitors from Hoover's UK

Top competitors of Rite Aid Corporation (NYSE: RAD)

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Industry Information from Hoover's UK

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Rankings from Hoover's UK

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