Learn More About riteaid.com
Rite Aid has a personal interest in your wellness and health. This is the reason why it only delivers the products and the services that the valued customers of the Rite Aid may perhaps need to lead a happier and rather a healthier life. The entire team of the Rite Aid right from the extremely caring and the knowledgeable associates and the pharmacists to the head members in the board of directors of the store, everyone just works with an objective to offer everyone with the most superior pharmacy experience.
Rite Aid is immensely popular and is indeed proud to be one of the leading drug store chain in the country. It has some 4,600 stores in the 31 states as well as the Districts of Columbia. Rite Aid even has a strong presence on both the western and the eastern coasts. As of today, Rite Aid is the third largest drug store in the United states and is also the largest drug store chain in the Eastern Coast with a staff of some 89,000 associates. It is also publicly traded on the New York Stock Exchange under the ticker symbol RAD.
It was in the year 1962 that the first store of the Rite Aid opened in the Scranton, Pennsylvania as the Thrift D Discount Center. In the span of the next 3 years, it went on to grow rapidly by way of acquisitions as well as the expansions by opening of several new stores. Further,Rite Aid went on to expand to five of the north eastern states. In the year 1968, company changed its name and that is when it began being called as the Rite Aid Corporation. It also went on to make its first public offering and started the trading on the American Stock Exchange. In the year 1970, it moved to the New York Stock Exchange and in just two following years,Rite Aid operated 267 stores in 10 different states. By the year 1981, Rite Aid became the third largest retail drug store chain of the country and by 1983, it passed the $1 million sales mark for the first time.
On its 25thanniversary in the 1987,Rite Aid acquired 420 stores in the Washington D.C., New York, Florida, West Virginia, Maryland,Delaware, Pennsylvania, Ohio, Indiana, Virginia, North Carolina and the West Virginia. This even expanded the market penetration of the Rite Aid and it went on to cross the the 2000 store mark. With that it became the largest drug store chain in the terms of the store count in the entire nation. In the 1995, it went on to acquire the Perry Drug Stores which was the largest drug store in the Michigan. This in fact is the largest acquisition of the Rite Aid till date. As of today, it has some 3,000 stores. Over the years it has revamped its structure but has continued serving the customers in the best manner possible. Very recently, it introduced the wellness + with Plenti which is the new rewards partnership program that offers huge savings to the customers. Along with the great benefits of the wellness +, the wellness + with Plenti gives you an incredible opportunity to Earn the Plenti points on one place and then you can use the collected point at some other place from just one rewards card.