|
Rite Aid may have found the right aid for its ills: growth. The nation's #3 drugstore chain (behind CVS and Walgreen), the company runs more than 4,810 drugstores in 30-plus states and the District of Columbia. Rite Aid stores fill prescriptions (two-thirds of sales) and sell health and beauty aids, convenience foods, greeting cards, and other items, including some 3,300 private-label products. More than half of all Rite Aid stores are freestanding and about 50% have drive-thru pharmacies. No longer a distant third behind Walgreen and CVS, Rite Aid acquired more than 1,850 Brooks and Eckerd drugstores from Canada's Jean Coutu Group for about $4 billion in 2007, which left Rite Aid with plenty of debt.
|
| | | Contact Information | |
Address: |
30 Hunter Ln.
Camp Hill, PA 17011
| | Phone: | 717-761-2633 | | Fax: | 717-975-5871 |
|
| Financial
Highlights | | Fiscal Year End: | February | | Revenue (2009): | 26289.30 M | | Revenue Growth (1 yr): | 8.10% | | Employees (2009): | 103,000 | | Employee Growth (1 yr): | (-8.70%) |
|
|
Key People
| | • |
Chairman and CEO:
Mary F. Sammons
| | • |
President and COO:
John T. Standley
| | • |
SEVP, CFO, and Chief Administrative Officer:
Frank G. Vitrano
|
|
|
