Rite Aid Corp - Company Profile
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Rite Aid Corp (Rite Aid) is a operator of a retail drugstore chain. The company sells prescription drugs and other merchandise including over-the-counter medications, personal care items, health and beauty aids, cosmetics, food and beverages, greeting cards, household items, grocery, pet care and seasonal merchandise. It offers pharmacy-related solutions, including fully integrated mail order and specialty pharmacy services. The company operates through subsidiaries and retail drugstores in the US. Through pharmacy services, it provides pharmaceutical solutions for its clients including employers, government employee groups, insurance companies, health plans, unions, managed Medicaid plans, medicare plans, and other sponsors of health benefit plans, and individuals throughout the US. Rite Aid is headquartered in Camp Hill, Pennsylvania, the US.
Headquarters
United States of America
Address
2nd Floor, 1200 Intrepid Avenue, Philadelphia, Pennsylvania, 19112
Website
www.riteaid.com
Telephone
1 717 7612633
No of Employees
47,000
Industry
Retailing
Revenue (2023)
$24.1B
Rite Aid Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Health and Beauty Aids | Insurance Services | Rite Aid |
| Vitamins and Supplements | Pharmacy Services | |
| Baby, Kids and Toy Products | Healthcare Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Business / Operations Closure | In October, the company closed its remaining 89 stores. |
| 2025 | Asset Disposal | In October, the company sold its assets to CVS Pharmacy. |
| 2025 | Divestiture | In August, the company sold Thrifty Ice Cream to Hilrod Holdings for US$19.2 million. |
Competitor Comparison
| Key Parameters | Rite Aid Corp | Walmart Inc | Evernorth Health Inc | OptumRx Inc | Walgreens Boots Alliance Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Philadelphia | Bentonville | St. Louis | Eden Prairie | Deerfield |
| State/Province | Pennsylvania | Arkansas | Missouri | Minnesota | Illinois |
| No. of Employees | 47,000 | 2,100,000 | - | 310,000 | 193,000 |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bruce G. Bodaken | Chairman | Executive Board | 2018 | 70 |
| Matthew Schroeder | Chief Executive Officer; Director | Executive Board | 2024 | - |
| Jeanniey Walden | Senior Vice President; Chief Marketing Officer | Senior Management | 2023 | - |
| Thomas Sabatino | Chief Legal Officer | Senior Management | 2023 | - |
| Bryant Harris | Chief Merchandising Officer; Senior Vice President | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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