Rite Aid Corp - Company Profile
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Rite Aid Corp (Rite Aid) is a retail drugstore chain that sells prescription drugs and other merchandise such as 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. 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. Through pharmacy services it provides pharmaceutical solutions for its clients such as 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.
Rite Aid Corp premium industry data and analytics
Products and Services
Products | Services |
---|---|
Health and Beauty Aids | Insurance Services |
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 |
---|---|---|
2024 | Contracts/Agreements | In April, the company expanded its partnership with Uber Eats to supply alcohol in new markets. |
2024 | Contracts/Agreements | In March, the company partnered with Copia to enhance its waste reduction initiatives and create a significant impact in the California communities it serves. |
2024 | Asset Disposal | In February, the company announced the sale of its Elixir Solutions business for US $576.5 million to MedImpact Healthcare Systems, Inc. |
Competitor Comparison
Key Parameters | Rite Aid Corp | Walmart Inc | CVS Health Corp | The Kroger Co | 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 | Woonsocket | Cincinnati | Deerfield |
State/Province | Pennsylvania | Arkansas | Rhode Island | Ohio | Illinois |
No. of Employees | 47,000 | 2,100,000 | 300,000 | 414,000 | 206,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Bruce G. Bodaken | Chairman | Executive Board | 2018 | 70 |
Jeffrey S. Stein | Director; Chief Executive Officer; Chief Restructuring Officer | Executive Board | 2023 | - |
Matthew Schroeder | Chief Financial Officer; Executive Vice President | Senior Management | 2019 | 53 |
Jeanniey Walden | Chief Marketing Officer; Senior Vice President | Senior Management | 2023 | - |
Thomas Sabatino | Chief Legal Officer | Senior Management | 2023 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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