About Rite Aid
Rite Aid is a publicly listed company based in Harrisburg (United States) founded in 1968. Chain of pharmacies. The company has 7,833 employees. Rite Aid has completed 6 acquisitions, including Bartell Drugs, East Hills Family Pharmacy and Envision Pharmaceutical Services. Its chief executive, as recorded, is Kermit Joins. Its website riteaid.com draws about 139 thousand monthly visits. Rite Aid offers products and services including Prescription Services and Health and Beauty Products. Its focus areas include Consumer Goods, Retail Chains, Horizontal and Supermarkets. Its legal entity is Rite Aid Corp.
Company details
Rite Aid was founded in 1968 and is headquartered in Harrisburg, United States. The company operates as a retail chain in the pharmacy sector, with stores providing pharmaceutical drugs, vitamins, supplements, and personal care products. In 2023, annual revenues of 24.09 billion were reported, alongside a net loss of 0.75 billion. Operations focus on community-based pharmacy services across the U.S.
- Headquarters Harrisburg, United States
- Employees 7,833
- Stage Public
- SectorsRetail
- Website category Health · Pharmacy
- Website riteaid.com
- Social LinkedIn X Facebook
- Legal Name Rite Aid Corp
- Annual Revenue$24.09 B (USD)-2as on Feb 28, 2023
- Net Profit-$749.94 M (USD)-39as on Feb 28, 2023
- Latest Funding Round$3.15B (USD), Debt – Conventional
Dec 2018
- Employee Count7,833
- Investments & AcquisitionsBartell Drugs
& 5 more
Products & Services of Rite Aid
Rite Aid offers a comprehensive portfolio of products and services, including Prescription Services and Health and Beauty Products.
Prescriptions are dispensed and managed through the pharmacy platform
Products such as medicines, personal care items, and vitamins are sold for everyday use
Funding Insights of Rite Aid
- Total Rounds 1
- Last Round Debt – Conventional — $3.15B
- First Round $3.15B
(Dec 2018)
All 1 funding rounds of Rite Aid with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $3.15B | Debt – Conventional | – | – | – |
People of Rite Aid
139 people are tracked at Rite Aid (54 in leadership, 8 in board & advisors, 77 in team); the tracked headcount is 7,833.
| Name | Role | Group |
|---|---|---|
Kermit Joins | CEO | Leadership |
Teri Schanck | Senior Vice President, Chief People Officer | Leadership |
Mary Elmasri | Division Vice President, Pharmacy Operations | Leadership |
Jodi Smith | Regional Pharmacy Vice President | Leadership |
Mary Hendrickson | Senior Vice President and Chief Compliance Officer | Leadership |
Bryant Harris | Senior Vice President, Chief Merchandising Officer | Leadership |
William Miller | Chief of Store Operations | Leadership |
Lee Ann T. | Director Office Of CIO | Leadership |
Jessica Kazmaier | Chief Administrative Officer and Chief of Staff to CEO | Leadership |
Temba M. | Director, Pricing Strategy And Execution | Leadership |
Eric J. Nardulli | Vice President Of Merchandising - Health & Household | Leadership |
Andy Muehlbauer | Director, Marketing Operations | Leadership |
Seshi Allu | Director, Retail And Merchandising Technologies | Leadership |
Sangeeta Patel | Director, HR Program Management | Leadership |
Ashley Kido | Director, Information Security Risk And Audit Services | Leadership |
Frank Braudrick | Division President | Leadership |
Noah Davis | Director, Field Compliance | Leadership |
Steve Bixler | Acting Chief Financial Officer | Leadership |
Jon Bupp | Sr. Director, Pharmacy Finance | Leadership |
Bob Clerke | Senior Director HR Operations & Systems | Leadership |
119 more people are available in the full profile.
Complete people profiles for Rite Aid
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Investments & Acquisitions by Rite Aid
Rite Aid has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Bartell Drugs, East Hills Family Pharmacy and Envision Pharmaceutical Services.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Pharmacy services and retail health products are provided. | bartelldrugs.com | Seattle, United States | 1890 | Oct 2020 | $95M | |
Medications and healthcare services are provided by this standalone pharmacy. | easthillsfamilypharmacy.co | Johnstown, United States | 1996 | Jun 2019 | •••• | |
Prescription drug benefits are managed for members through various services. | envisionrx.com | Twinsburg, United States | 2001 | Feb 2015 | $2B | |
Elevate your daily health with clean, high-performance supplements curated for modern living, Shop your favorites | rediclinic.com | Hyderabad, India | 1989 | Apr 2014 | •••• | |
Population health management solutions are offered by Health Dialog. | healthdialog.com | Boston, United States | 1997 | Apr 2014 | •••• | |
Distributor of pharmaceutical products | perrydrugstore.net | Perryopolis, United States | 1941 | Jan 1995 | $220M |
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Timeline of Rite Aid
9 dated milestones of Rite Aid across 53 years, from founding to its latest funding, stage changes and deals.
- Founded Rite Aid is founded.
- Acquisition Acquires Perry Drug Store.
- Acquisition Acquires Health Dialog.
- Acquisition Acquires RediClinic.
- Acquisition Acquires Envision Pharmaceutical Services.
- Funding First funding round of $3.1B.
- Acquisition Acquires East Hills Family Pharmacy.
- Acquisition Acquires Bartell Drugs.
- IPO Lists on the stock exchange (IPO).
Web traffic of Rite Aid
The website of Rite Aid (riteaid.com) receives about 138.8K visits a month and ranks #275,482 among all websites worldwide, #9,416 in Pharmacy.
- Monthly visits138.8K
▼ 7.4% vs previous month
- Unique visitors99K
per month
- Global rank#275,482
among all websites
- Category rank#9,416
Health · Pharmacy
- Bounce rate49%
- Pages per visit2.1
- Average visit34 sec
- DevicesDesktop 25% · Mobile 75%
Websites whose visitors overlap most with Rite Aid. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cvs.com | cvs.com | 100% | #412 | – | |
| walgreens.com | 81% | 62.9M | #449 | View details | |
| duanereade.com | 61% | View details | |||
claritin.com | claritin.com | 60% | #428,939 | – | |
| drugstore.com | 59% | 2.6K | #7,551,552 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Rite Aid
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Top companies in Retail Stores & Chains
3 companies that operate in the same segment as Rite Aid (Retail Stores & Chains) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Home improvement products and services are retailed by Lowe's. | 1946 | Mooresville, North Carolina, United States | USD 86.29 B | 270,000 | ||
Office supplies and business products are distributed online to companies. | 1986 | Framingham, Massachusetts, United States | 13,447 | |||
Pet foods, products, and care services are provided by PetSmart. | 1987 | Phoenix, Arizona, United States | USD 23.3 M |
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Related news about Rite Aid
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Frequently Asked Questions about Rite Aid
Rite Aid was founded in 1968 and raised its 1st funding round 50 years after it was founded.
Rite Aid is headquartered in Harrisburg, United States. It is registered at Harrisburg, Pennsylvania, United States.
Kermit Joins is the CEO of Rite Aid, as recorded in our data.
Rite Aid has 7,833 employees.
Annual revenue of Rite Aid is $24.09B as on Feb 28, 2023.
Rite Aid was founded in 1968 and is headquartered in Harrisburg, United States. The company operates as a retail chain in the pharmacy sector, with stores providing pharmaceutical drugs, vitamins, supplements, and personal care products. In 2023, annual revenues of 24.09 billion were reported, alongside a net loss of 0.75 billion. Operations focus on community-based pharmacy services across the U.S.
Rite Aid offers Prescription Services and Health and Beauty Products.
Rite Aid has made 6 acquisitions, including Bartell Drugs, East Hills Family Pharmacy, and Envision Pharmaceutical Services.
Rite Aid operates through Rite Aid Corp.
The website of Rite Aid receives about 139 thousand visits a month and ranks #275,482 among all websites worldwide.