Rite Aid
At Rite Aid, we have a personal interest in your health and wellness. That’s why we deliver the products and services that you, our valued customer, need to lead a healthier, happier life. Everyone at Rite Aid—from our knowledgeable, caring associates and pharmacists to the members of our board of directors—works together to provide you with a superior pharmacy experience.
Rite Aid Corporation is also proud to be one of the nation's leading drugstore chains. With approximately 2,500 stores in 19 states, we have a strong presence on both the East and West Coasts, employing more than 51,000 associates. Our company is publicly traded on the New York Stock Exchange under the ticker symbol RAD.
Our first store opens as Thrif D Discount Center in Scranton, Pennsylvania.
We grow rapidly through acquisitions and the opening of new stores, expanding to five northeastern states.
Our name officially changes to Rite Aid Corporation. We also make our first public offering and start trading on the American Stock Exchange.
1987
We celebrate our 25th anniversary and acquire 420 stores in Florida, Maryland, Washington D.C., Delaware, Indiana, New York, Ohio, Virginia, West Virginia, North Carolina, and Pennsylvania. This greatly expands our market penetration and we pass the 2,000-store mark to become the nation's largest drugstore chain in terms of store count.
Our strategic initiatives for growth now include a comprehensive focus on patient health and wellness programs, including heart health and allergy awareness, oral and skin care, diabetes and weight management, successful private label launches, and effective promotional and seasonal programs.