Rite Aid Corp - Company Profile
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Rite Aid Corp (Rite Aid) is a drugstore retail chain offering prescription drugs and other merchandise. High inventory turnover ratio, supply and distribution and retail network, are the company's major strengths, even as weak operational performance and geographical concentration remain a major cause for concern. Food and grocery retail market in Asia-Pacific, strategic initiatives and online retail market in the US are likely to provide growth opportunities for the company. However, intense competition, data security and privacy concerns, and dependence on limited number of third-party payors could affect its business operations.
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