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Rite Aid
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  • 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 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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