Rite Aid Corp

Overview

Rite Aid Corp (Rite Aid) is a retail drugstore chain that sells prescription drugs and other merchandise such as over-the-counter (OTC) medications, personal care items, health and beauty aids, cosmetics, household items, grocery, and seasonal merchandise. Rite Aid’s service portfolio includes pharmacy-related solutions including fully integrated mail order and specialty pharmacy services. The company’s stores are integrated into a common pharmacy system, which enables customers to fill or refill prescriptions in any of its stores throughout the US. It operates through subsidiaries and retail drugstores in the US. The company serves employers, insurance companies, unions, government employee groups, health plans, Medicare plans, and other sponsors of health benefit plans, and individuals. Rite Aid is headquartered in Camp Hill, Pennsylvania, the US.
Key Stats
Address
30 Hunter Ln, CAMP HILL, Pennsylvania
Headquarters

United States of America

Contact

1 717 7612633

Website
www.riteaid.com
No of Employees

50,000

Industry

Retailing

Ticker Symbol & Exchange​

RAD [NYSE]

Revenue (2021)

$24,043 m

9.6% (2021 vs 2020)
Net Income (2021)

$-91 m

79.9% (2021 vs 2020)
Net Profit Margin

-0 %

81.6% (2021 vs 2020)
Market Cap *

$1,000 m

EPS *

$-1.9

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Rite Aid CorpWalmart IncCVS Health CorpWalgreens Boots Alliance Inc
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City CAMP HILL BENTONVILLE WOONSOCKET DEERFIELD
Headquarter State/Province Pennsylvania Arkansas Rhode Island Illinois
No. of Employees 50,000 2,300,000 300,000 223,000
Entity Type Public Public Public Public

Products & Services

Rite Aid is a drugstore chain in the US. The company’s major products, services and brands include the following:

Products
  • Prescribed Drugs
  • Health and Beauty Aids
  • Vitamins and Supplements
  • Vitae Eget Libero
  • Vitae Eget Libero
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  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Insurance Services
  • Pharmacy Services
Brands
  • Rite Aid
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Andre Persaud Chief Retail Officer; Executive Vice President Senior Management 2021 52 Mr. Andre Persaud has been the Chief Retail Officer and Executive Vice President of the company since June 2021. Prior...
Heyward Donigan President; Chief Executive Officer; Director Executive Board 2020 60 Mr. Heyward Donigan has been the Chief Executive Officer, President and Director of the company since 2020. Prior to this,...
Matthew Schroeder Executive Vice President; Chief Financial Officer Senior Management 2019 51 Mr. Matthew Schroeder has been the Chief Financial Officer and Executive Vice President of the company since 2019. Prior to...
Justin Mennen Chief Information Officer; Executive Vice President Senior Management 2019 40 Mr. Justin Mennen has been the Chief Information Officer and Executive Vice President of the company since 2019. Prior to...
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History

Year Event Description
2021 Corporate Changes/Expansions In February, the company opened more than 300 new no-charge COVID-19 testing sites across New…
2021 Contracts/Agreements In August, the company partnered with dunnhumby Ltd to rebuild its price, promotion and loyalty…
2021 Contracts/Agreements In August, the company partnered with Shipt to bring same-day delivery of health and wellness…
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2020 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
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Locations


The Bartell Drug Company

Address

Suite 400, 4025 Delridge Way, Seattle
United States of America

Telephone

1 877 2278355

Website

www.bartelldrugs.com
Health Dialog Services Corp

Address

2nd Floor, 6 Bedford Farms Drive, Bedford
United States of America

Telephone

1 603 6271200

RediClinic LLC

Address

Suite 2950, 9 East Greenway Plaza, Houston
United States of America

Telephone

1 713 5809473

Website

www.rediclinic.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
07 Oct 2020 Rite Aid Acquires Bartell Drugs Acquisition Rite Aid Corp Bartell Drugs
25 Jun 2020 Rite Aid Raises USD849.9 Million in Public Offering of 8% Senior Notes Due 2023 Debt Offering Rite Aid Corp
29 May 2019 Rite Aid Acquires East Hills Family Pharmacy Acquisition Rite Aid Corp East Hills Family Pharmacy
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18 Sep 2017 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

10.7K

Active Jobs

5.6K

Posted

5K

Closed

Job Trends

Latest Jobs

Job title Company Country
Assistant Store Manager Rite Aid Corp United States
Shift Supervisor Rite Aid Corp United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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