- Rite Aid is a drugstore chain in the United States and a Fortune 500 company headquartered in East Pennsboro Township, Cumberland County, Pennsylvania, near Camp Hill
Rite Aid Net worth 2024 (estimated)
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Rite Aid facts
- Rite Aid is the largest drugstore chain on the East Coast and the third largest in the U
- S
- An offer was presented by Walgreens Boots Alliance in October 2015
- Rite Aid accepted the offer and is currently pending government antitrust committee approval
- If and when the deal is approved, Walgreens will form the world's largest retail pharmacy chain in terms of number of locations
- Rite Aid began in 1962 as a single store opened in Scranton, Pennsylvania called Thrift D Discount Center
- After several years of growth, Rite Aid adopted its current name and debuted as a public company in 1968
- Today, Rite Aid is publicly traded on the New York Stock Exchange under the ticker RAD
- Rite Aid reported total sales of US$ 25
- 5 billion in fiscal year 2014
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