Rite Aid - Statistics & Facts

Rite Aid is an American drugstore chain with its main headquarters in East Pennsboro, Pennsylvania. Founded in 1962, the company has grown to become one of the leading drug stores in a market that makes up over forty percent of the global pharmaceutical market.

As of 2016, Rite Aid operated a total of 4,561 stores across the United States. Rite Aid generated approximately 30.74 billion U.S. dollars in total revenue for that same year. Prescription drugs covered the most with around 69.1 percent of the company’s sales share for that year. Each month, roughly 30 million people in the U.S. purchase items from Rite Aid that include Rx, non-Rx, and health and beauty products.

In what would become a merger between two of the three leading pharmacy chains in the United States, Walgreens is working on acquiring Rite Aid in a deal valued at over 9 billion U.S. dollars

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