What is Rite Aid?

What is Rite Aid?

At Rite Aid, our mission is to improve the health and wellness of our communities through engaging experiences that provide our customers with the best products, services and advice to meet their unique wellness needs.

What is Rite Aid’s revenue?

24.04 billion USD (2021)
Rite Aid/Revenue

Who owns Rite Aid Corporation?

Walgreens
In October 2015, Walgreens and Rite Aid announced a major deal where Walgreens would acquire Rite Aid. In February 2016, Rite Aid shareholders approved the deal.

Who started Rite Aid?

Alex Grass
Rite Aid/Founders

Is Rite Aid a national chain?

Rite Aid Corporation is also proud to be one of the nation’s leading drugstore chains. With approximately 2,500 stores in 19 states, we have a strong presence on both the East and West Coasts, employing more than 51,000 associates.

What is Rite Aid’s motto?

Rite-Aid’s slogan is broken: “With us, it’s personal.”

What is Rite Aid’s elixir?

Elixir, a fully owned subsidiary of Rite Aid Corporation, is a pharmacy services provider offering pharmacy benefit management, Medicare-approved prescription drug plans, mail and specialty pharmacy solutions, and prescription discount programs.

What is Rite Aid Debt?

Based on Rite Aid’s balance sheet as of July 6, 2021, long-term debt is at $3.03 billion and current debt is at $7.26 million, amounting to $3.04 billion in total debt. Adjusted for $118.48 million in cash-equivalents, the company’s net debt is at $2.92 billion.

Where is Rite Aid corporate headquarters?

Camp Hill, PA
Rite Aid/Headquarters

What type of store is Rite Aid?

drugstore chain
Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania near the Navy Yard. It was founded in 1962 in Scranton, Pennsylvania by Alex Grass under the name Thrift D Discount Center. The company ranked No.

Who owns Rite Aid drugstores?

On Feb. 20, 2018, the companies announced that supermarket retailer Albertsons agreed to acquire Rite Aid in a deal valued at $24 billion.

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