Rite Aid Corp

Rite Aid's first store opened in September 1962 as Thrif D Discount Center in Scranton, Pennsylvania. From the start, the company grew rapidly through acquisitions and the opening of new stores, expanding to five northeastern states by 1965. It was officially named Rite Aid Corporation in 1968, the same year it made its first public offering and started trading on the American Stock Exchange. In 1970, Rite Aid moved to the New York Stock Exchange.By 1972, after ten years in business, Rite Aid operated 267 stores in 10 states. By 1981, Rite Aid had become the third largest retail drugstore chain in the country and in 1983, passed the $1 billion sales mark for the first time.
In 1987, Rite Aid celebrated its 25th Anniversary. Also that year, Rite Aid acquired 420 stores in Florida, Maryland, Washington D.C., Delaware, Indiana, New York, Ohio, Virginia, West Virginia, North Carolina and Pennsylvania greatly expanding the company's market penetration and passing the 2,000-store mark to become the nation's largest drugstore chain in terms of store count.

Contact Details: P.O. Box 3165 Harrisburg Pennsylvania 17105 United States of America Tel: 1-888-213-9920 Fax: (717) 972-3993 Email: surplus@riteaid.com WWW: www.riteaid.com/

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Press Releases on Rite Aid Corp:
Consumers Spending Less on Prescription Drugs	25th February, 2009	Kurt Salmon Associates	Retailers can manage perception of price and price itself Kurt Salmon Associates says NEW YORK, Feb. 25 /PRNewswire/ -- Consumers say they are spending an estimated 3% less on prescription drugs

BioNews Results for Rite Aid Corp:
As flu threatens, hand sanitizers catch on	Wichita Eagle:  Nov 15 2009 10:43AM Matching: rite aid corp
Value Drug names ex-Rite Aid executive president	Chain Drug Review:  Nov 11 2009 1:27AM Matching: rite aid corp
Health network for uninsured taps Rite Aid for Rx	Chain Drug Review:  Nov 11 2009 3:17PM Matching: rite aid corp
Rite Aid refinances portion of debt	Chain Drug Review:  Nov 11 2009 1:27AM Matching: rite aid corp
Rite Aid goes mobile to reach Hispanic customers	Chain Drug Review:  Nov 11 2009 10:05PM Matching: rite aid corp
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