BNET Industries

Rite Aid Corp.

(RAD) is in the Retail Industry

Market Cap:$1.1B

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

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
Rite Aid teams with hospital to open health clinics

9/29/09 - Planned Site Openings - View Story
Deutsche Bank Reiterates a 'Hold' on Rite Aid RAD; Comments on Upside/Downside Risk

9/25/09 - Bond / Stock Rating - View Story
Rite Aid F2Q10 (Qtr End 8/29/09) Earnings Call Transcript

9/24/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

rite aid corp. and sec - All News and Analysis

Rite Aid Prices Offering of Convertible Notes

- 2008-05-22

CAMP HILL, Pa. -- Rite Aid Corporation (NYSE:RAD) announced today the terms of an offering of $150 million aggregate principal amount of 8.5% convertible notes due 2015, pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission. Rite Aid has granted the underwriter an option...

Tags: accordance, FINANCE, MARKETING, Pricing, Readers, Rite Aid Corp., SALES, SEC
Rite Aid Announces Proposed Offering of Convertible Notes

- 2008-05-21

CAMP HILL, Pa. -- Rite Aid Corporation (NYSE:RAD) announced today its intention to offer $150 million aggregate principal amount of convertible notes due 2015, pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission. Rite Aid expects to grant to the underwriters an option to...

Tags: FINANCE, MARKETING, Pricing, Readers, Rite Aid Corp., SEC
Rite Aid Sets Date for Special Meeting of Stockholders in Connection with the Brooks Eckerd Acquisition

- 2006-11-30

CAMP HILL, Pa. -- Rite Aid Corporation (NYSE, PCX:RAD) today announced that a special meeting of Rite Aid stockholders will be held on January 18, 2007, at 9:00 a.m. Eastern time at the Hilton Harrisburg, One North Second Street, Harrisburg, Pennsylvania, for stockholders of record at the close of business...

Tags: acquisition, drugstore, FINANCE, INTERNET, Investment, MARKETING, Pennsylvania, Pricing, READERS, Rite Aid Corp., SEC
Rite Aid Corp. reassigns CFO because of SEC accounting probe at

- 2004-01-12

Rite Aid Corp., the third-biggest U.S. drugstore chain, reassigned Chief Financial Officer Chris Hall because he's in settlement talks with the Securities and Exchange Commission over an accounting probe at a former employer, Ralphs Grocery Co. Hall was replaced by John Standley, Camp Hill, Pa.-based Rite Aid said.

Tags: accounting, CFO, FINANCE, Manufacturing, Rite Aid Corp., SEC
Rite Aid Files Quarterly Report for Second Quarter With Securties and Exchange Commission

- 1999-11-02

CAMP HILL, Pa.--BUSINESS WIRE--Nov. 2, 1999-- Rite Aid Corporation (NYSE, PSE: RAD), today announced that it has filed its Quarterly Report on Form 10-Q for the fiscal quarter ended August 28, 1999 with the U.S. Securities and Exchange Commission SEC. Since announcing on October 11, 1999 its preliminary...

Tags: adjustment, asset, commission, earnings, FINANCE, financial, financing, income, Investment, Readers, Rite Aid Corp., SEC