Description: Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and provides various other pharmacy services and an assortment of products comprising over-the-counter medications, health and beauty aids, personal care products, seasonal merchandise, cosmetics, household items, food and beverages, greeting cards, seasonal and seasonal merchandise, pet care, and a variety of other everyday and convenience products, as well as brand and generic prescription drugs; and a private brand product line. It also operates retail pharmacies and clinics; and offers healthcare services, including administering immunizations for COVID-19, the flu, shingles, and others; assists its customers with high blood pressure, cholesterol, and diabetes; provides guidance on combating obesity and tobacco addiction; and educates customers on managing medications and potential side effects. The Pharmacy Services segment provides integrated suite of pharmacy benefit management (PBM) offerings, including technology solutions, mail delivery services, specialty pharmacy, network and rebate administration, claims adjudication, and pharmacy discount programs, as well as drug benefits under the federal government's Medicare Part D program and insurance offerings for individuals and groups. This segment serves health plans, commercial employers, labor groups, and state and local governments. In addition, it offers its products through online retail site. Rite Aid Corporation was founded in 1962 and is headquartered in Philadelphia, Pennsylvania. On October 15, 2023, Rite Aid Corporation, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of New Jersey.
Home Page: www.riteaid.com
1200 Intrepid Avenue
Philadelphia,
PA
United States
Phone:
717 761 2633
Officers
| Name | Title |
|---|---|
| Mr. Matthew C. Schroeder | CFO & Executive VP |
| Mr. Jeffrey Scott Stein | CEO & Chief Restructuring Officer |
| Mr. Steven K. Bixler | Chief Accounting Officer & Senior VP |
| Byron Purcell | Vice President of Investor Relations & Treasurer |
| Mr. Thomas J. Sabatino Jr. | Executive VP & Chief Legal Officer |
| Joy Errico Seusing | Senior VP & Chief Communications Officer |
| Ms. Jeanniey Walden | Senior VP & CMO |
| Ms. Jessica Kazmaier | Executive VP, Chief Human Resources Officer & Chief of Staff to the CEO |
| Ms. Karen Lesley Staniforth | Senior VP of Clinical Pharmacy Services & Chief Pharmacy Officer |
| Ms. Angele Robinson-Gaylord | Senior Vice President of Store Development |
Exchange: F
Country: DE : Germany
Currency: Euro (€)
| GIC Sector: | Consumer Staples |
|---|---|
| GIC Group: | Consumer Staples Distribution & Retail |
| GIC Industry: | Consumer Staples Distribution & Retail |
| GIC Sub-Industry: | Drug Retail |
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 0 |
| Price-to-Book MRQ: | 3.4596 |
| Price-to-Sales TTM: | 0.0005 |
| IPO Date: | |
| Fiscal Year End: | February |
| Full Time Employees: | 47000 |