• Updated on April 15, 2016 at 9:02 am
  • Category Drug & HBC

CSG Snapshot: Rite Aid Corporation

30 Hunter Ln
Camp Hill, PA 17011
(717) 761-2633
www.riteaid.com

Total Stores
4,561

Total Sales
$30.7 billion

Year Founded
1962

Trading Areas
AL, CA, CO, CT, DC, DE, GA, ID, IN, KY, LA, MA, MD, ME, MI, MS, NC, NH, NJ,
NY, OH, OR, PA, RI, SC, TN, UT, VA, VT, WA, WV

Senior Executives
Chairman + CEO: Mr. John T. Standley
CEO of Rite Aid Stores + President of Rite Aid Corporation: Ken Martindale
Senior Exec VP, CFO + Chief Administrative Officer: Darren Karst

SNAPFORWARD

The FTC approval process continues for the planned acquisition of Rite Aid Corporation by Walgreens Boots Alliance. The two companies set a self-imposed deadline of October 26, 2016 in terms agreed upon last fall. The chart below outlines the size of such a deal. With 12,000+ US stores experiencing change and uncertainty, opportunities for CSG partners and clients will exist.

Historical Data Source: Chain Store Guide’s Drug & HBC Chains Database. Estimated growth is based on a proprietary trend analysis. Actual figures are subject to change. This data is not intended for investment decisions.

Mike Baker

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