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

McKesson Wins Bid To Keep Rite Aid Drug Distribution Pact

12/17/09 - Merger / Acquisition - View Story
Emerging Stock Report Initiates Independent Research Coverage on Rite Aid Corporation

12/17/09 - Bond / Stock Rating - View Story
Rite Aid reports losses in Q3

12/17/09 - Joint Venture / Alliance - View Story
Rite Aid loss narrows despite sales drop (Reuters)

12/17/09 - Site Opening - View Story
Rite Aid Reports Q3 2009 Results: Store Closings, Negative FE Comps Impacting Sales

12/20/09 - Financial Announcement - 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

News & Analysis

merger and rite aid corp. - All News and Analysis

Housewares heavies merger. (Rite Aid Corp. merges with Revco D.S. Inc.)(Brief Article)

- 1995-12-04

Two retailers that rank among the nation's top 50 housewares retailers have agreed to merge. Rite Aid, which is ranked 48th in the retail housewares business by HFN, has agreed to pay $27.50 a share in cash and stock for Revco, number 31 on HFN's hou ...

Tags: houseware, merger, retail company, Rite Aid Corp.
Merger with Revco Would Double Size of Rite Aid Corp.(Originated from The Patriot-News, Harrisburg, Pa.)

- 1995-12-01

Dec. 1--Rite Aid Corp. confirmed yesterday that it plans to buy the 2,100 drugstores operated by Revco D.S. Inc. for $1.8 billion in cash and stock, Dec. 1--Rite Aid Corp. confirmed yesterday that it plans to buy the 2,100 drugstores operated by Revco D.S. Inc. for...

Tags: merger, Rite Aid Corp.
Rite Aid Corp. and Revco combine to create nation's largest drugstore chain; Merger creates company with over $11 billion in revenues; Cash tender scheduled to commence early next week

- 1995-11-30

CAMP HILL, Pa.--BUSINESS WIRE--Nov. 30, 1995--Rite Aid (RAD:NYSE, PSE) and Revco D.S. Inc. (RXR:NYSE) today announced that they have entered into a definitive merger agreement in which Rite Aid would acquire Revco.

Tags: merger, Rite Aid, Rite Aid Corp.