Rite Aid News

Rite Aid Reports 0.6 Percent Same Store Sales Decrease for July

CAMP HILL, PA (July 30, 2009)-Rite Aid Corporation (NYSE: RAD) today announced sales results for July.

Monthly Sales

For the four weeks ended July 25, 2009, same store sales decreased 0.6 percent over the prior year period. July front-end same store sales decreased 4.7 percent while pharmacy same store sales, which included an approximate 436 basis points negative impact from new generic introductions, increased 1.4 percent.

For the four weeks ended July 25, 2009, same store sales excluding the acquired Brooks Eckerd stores were flat with front-end same store sales decreasing 4.6 percent and pharmacy same store sales increasing 2.7 percent.

For the four weeks ended July 25, 2009, same store sales at the acquired Brooks Eckerd stores declined 2.0 percent over the prior-year period with front-end same store sales decreasing 5.0 percent and pharmacy same store sales decreasing 1.0 percent.

Total drugstore sales for the four-week period decreased 2.4 percent to $1.929 billion compared to $1.975 billion for the same period last year. Prescription revenue accounted for 68.1 percent of drugstore sales, and third party prescription revenue represented 96.2 percent of pharmacy sales.

Year-to-Date Sales

Same store sales for the 21-week period ended July 25, 2009 increased 0.1 percent, consisting of a 2.7 percent decrease in front-end same store sales and a 1.5 percent increase in pharmacy same store sales.

Total drugstore sales for the 21 weeks ended July 25, 2009 decreased 1.7 percent to $10.408 billion compared to $10.585 billion in last year's like period. Prescription revenue represented 68.1 percent of total drugstore sales, and third party prescription revenue was 96.3 percent of pharmacy sales.

Rite Aid is one of the nation's largest drugstore chains. On July 25, 2009, the company operated 4,817 stores compared to 4,961 stores in the like period a year ago. Information about Rite Aid, including corporate background and press releases, is available through the company's website at http://www.riteaid.com.

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Contact:

Investors:717-975-3710, Chris Hall 717-214-8834 or investor@riteaid.com

Media:Karen Rugen 717-730-7766