In the news:
Pharmacy deserts are appearing across U.S. as Rite Aid, Walgreens, CVS drug store closures spread - 'My kids go to Costco now,' and other reasons Rite Aid, Walgreens and CVS are hurting - Rite Aid closing stores: Full list and map of doomed locations announced in August 2024 - Rite Aid closing dozens of additional stores. Here's where. - Rite Aid says June data breach impacts 2.2 million people - Rite Aid says breach exposes sensitive details of 2.2 million customers - Rite Aid confirms data breach after June ransomware attack - Rite Aid Customer Data Accessed in June Cybersecurity Breach - Rite Aid asks bankruptcy court to approve its restructuring plan - Rite Aid store closings: Full list and map of doomed locations marked in June 2024
Rite Aid
Key facts
- city: Philadelphia
- state: PA
- country: United States
- sector: Consumer Staples
- foundation year: 1968
- industry: Consumer Staples Distribution & Retail
- CEO: Heyward Rutledge Donigan B.A.
Classified as: organization
Summary
Rite Aid is a company. It is located in Philadelphia, the United States and was founded in 1968. The company is part of the Consumer Staples sector, specifically in the Consumer Staples Distribution & Retail industry.
Business
Rite Aid is one of the companies in the United States, companies in Consumer Staples Distribution & Retail, companies in Consumer Staples and 3,466,499 companies in our database.
- Assets: 8.5B $
- Debt: 6.1B $
- Employees: 53,000 people
- Free cash flow: 104M $
- Market cap: 450.6M $
- Profits: -538478000 $
- Revenues: 24.4B $
Stocks from Rite Aid
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Talking Points:
- Online Pharmacy and Store | Rite Aid
- Online Pharmacy and Store | Rite Aid
- We're here to give you the support you need to achieve whole health through alternative remedies & traditional medicine
- Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and provides various other pharmacy services and an assortment of products comprising over-the-counter medications, health and beauty aids, personal care products, seasonal merchandise, cosmetics, household items, food and beverages, greeting cards, seasonal and general merchandise, pet care, and a variety of other everyday and convenience products, as well as brand and generic prescription drugs; and a private brand product line. It also operates retail pharmacies and clinics; and offers healthcare services, including administering immunizations for COVID-19, the flu, shingles, and others; assists its customers with high blood pressure, cholesterol, and diabetes; provides guidance on combating obesity and tobacco addiction; and educates customers on managing medications and potential side effects. In addition, this segment offers healthcare coaching and disease management services to health plans and employers. The Pharmacy Services segment provides integrated suite of pharmacy benefit management (PBM) offerings, including technology solutions, mail delivery services, specialty pharmacy, network and rebate administration, claims adjudication, and pharmacy discount programs, as well as drug benefits under the federal government's Medicare Part D program and insurance offerings for individuals and groups. This segment serves health plans, commercial employers, labor groups, and state and local governments. As of February 26, 2022, the company operated 2,450 retail pharmacy locations in 17 states. Rite Aid Corporation was founded in 1962 and is headquartered in Philadelphia, Pennsylvania.
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