BNET Industries

Rite Aid Corp.

(RAD) is in the Retail Industry

Market Cap:$1.3B

Last Fiscal Year Sales:$24.3B

Public
US

Dow Jones Description

Rite Aid Corporation is one of the nation's leading drugstore chains. With the June 4, 2007 acquisition of Brooks Eckerd, the company has annual revenues of more than $27 billion, more than 5,000 stores in 31 states and the District of Columbia, with a strong presence on both the East and West coasts, and approximately 116,000 associates. Rite Aid is the largest drugstore chain on the East Coast and the third largest drugstore chain in the U.S. The company is publicly traded on the New York Stock Exchange under the ticker RAD.

Number of Employees 103,000

Contact Information

30 Hunter Ln

PO Box 3165

Camp Hill, Pennsylvania 17011-2400

www.riteaid.com

(717) 761-2633

Peer Companies

NAICS Code Pharmacies and Drug Stores: 446110

Company News

Recent Events

Rite Aid loss narrows despite sales drop (Reuters)

12/17/09 - Site Opening - View Story
Rite Aid, Maryland health network open in-store clinics

12/03/09 - Site Opening - View Story
Rite Aid Sets Date to Release 3Q Results

12/07/09 - Financial Announcement - View Story
UPDATE 1-Connecticut sues CVS for selling expired products

11/30/09 - Legal Settlement - View Story
CVS settles suit over expired products

11/11/09 - Legal Settlement - View Story
Bellaboo Skincare: For Teens By Teens!

11/10/09 - Product Announcement - View Story
Rite Aid to replace Camp Hill store tomorrow

11/10/09 - Planned Site Openings - View Story
Walgreen Oct. Comps. Rise 4.9% - Update

11/03/09 - Financial Announcement - View Story
1 Bessemer Division approves AG Kingâ€™s motion to dismiss DAâ€™s suit; four other cases await...

10/29/09 - Lawsuit Filed - View Story
Rite Aid promotes Rx executives

11/02/09 - Mgmt. Change Entering - Vice President - View Story
Rite Aid Introduces Wellness+ Rewards Program

10/21/09 - Product Announcement - View Story
Fitch Affirms Rite Aid's IDR at 'B-'; Rates New Bonds; Outlook Stable

10/20/09 - Bond / Stock Rating - View Story
Thompson promoted by Rite Aid

10/12/09 - Mgmt. Change Entering - Vice President - View Story
Rite Aid to open Millsboro store

10/10/09 - Joint Venture / Alliance - View Story
Options Spotlight: American Express

10/09/09 - Financial Announcement - View Story
Rite Aid Launches Diabetes Campaign

10/01/09 - Joint Venture / Alliance - View Story

News & Analysis

company and rite aid corp. - All News and Analysis

APS Financial Corporation Issues Research Brief on Rite Aid Corporation High Yield Notes

- 2008-06-12

APS Financial has issued a research brief on Rite Aid Corporation High Yield Notes (bond symbol: RAD). The Company is covered by Senior Vice President & Director of High Yield Research, Joel D. Luton. For more information and/or a copy of the research brief, please contact Joel at...

Tags: Company, Rite Aid Corp.
The Jean Coutu Group Expects to Close the Brooks Eckerd Transaction with Rite Aid by End of May

- 2007-04-12

The Jean Coutu Group PJC Inc. ("The Jean Coutu Group") (TSX: PJC.A) announced today that it expects to close the Brooks and Eckerd drugstore chains transaction with Rite Aid Corporation by the end of May, pending final regulatory approval by the Federal Trade Commission FTC and satisfaction of customary closing...

Tags: Company, drugstore, FINANCE, FTC, MARKETING, Rite Aid Corp., U.S.
The Jean Coutu Group Expects to Close the Brooks Eckerd Transaction with Rite Aid by End of May.

- 2007-04-12

LONGUEUIL, QUEBEC, Apr 12, 2007 CCNMatthews via COMTEX -- The Jean Coutu Group PJC Inc. ("The Jean Coutu Group") (TSX:PJC.A) announced today that it expects to close the Brooks and Eckerd drugstore chains transaction with Rite Aid Corporation by the end of May, pending final regulatory...

Tags: Company, drugstore, FTC, Rite Aid Corp., U.S.
Rite Aid.(Rite Aid Corp. downgraded by Moody's)(Brief Article)

- 2002-03-10

* The US drug store chain Rite Aid was surprised at a Moody's downgrade recently, claiming that the action fails to understand and reflect its current economic situation. It has also amended its $1.9bn senior secured credit facility, which will allow * The US drug store...

Tags: company, Moody's Corp., Rite Aid, Rite Aid Corp.
Rite Aid buy ups stakes in Rx chain war. (drugstore chain Rite Aid Corp.)

- 1994-12-05

SUNNYVALE, Calif.--BUSINESS WIRE--Feb. 16, 1995--James M. Burns has joined Genus, Inc., (NASDAQ:GGNS) as executive vice president and general manager of the company's Thin Films Division, located in Sunnyvale. Burns will assume management re SUNNYVALE, Calif.--BUSINESS WIRE--Feb. 16, 1995--James M....

Tags: Company, Rite Aid Corp.