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    Our Story


    At Rite Aid, we have a personal interest in your health and wellness and are focused on improving health outcomes. As a modern full services pharmacy company, we are meeting your needs with a wide range of vehicles that offer convenience, including retail and delivery pharmacy, as well as services offered through our wholly owned subsidiaries, Elixir, Bartell Drugs and Health Dialog. Our more than 6400 pharmacists are caring healthcare professionals who serve as an everyday care connector guiding you on the traditional and alternative medications to improve your whole health.

     

    Rite Aid’s pharmacy benefits and services company, consists of accredited mail and specialty pharmacies, prescription discount programs and an industry leading adjudication platform to offer superior member experience and cost savings. Health Dialog provides healthcare coaching and disease management services via live online and phone health services. Regional chain Bartell Drugs has supported the health and wellness needs in the Seattle area for more than 130 years.

     

    We operate more than 2,350 retail pharmacy locations across 17 states with a workforce of more than 50,000 strong. Our company is publicly traded on the New York Stock Exchange under the ticker symbol RAD.

     

    Rite Aid Corporation History

     

    1962

     

    Our first store opens as Thrif D Discount Center in Scranton, Pennsylvania.

     

    1965

     

    We grow rapidly through acquisitions and the opening of new stores, expanding to five northeastern states.

     

    1968

     

    Our name officially changes to Rite Aid Corporation. We also make our first public offering and start trading on the American Stock Exchange.

     

    1970

     

    Rite Aid moves to the New York Stock Exchange.

     

    1972

     

    We now operate 267 stores in 10 states.

     

    1981

     

    Our company becomes the third-largest retail drugstore chain in the country.

     

    1983

     

    We pass the $1 billion sales mark for the first time.

     

    1987

     

    We celebrate our 25th anniversary and acquire 420 stores in Florida, Maryland, Washington D.C., Delaware, Indiana, New York, Ohio, Virginia, West Virginia, North Carolina, and Pennsylvania. This greatly expands our market penetration and we pass the 2,000-store mark to become the nation's largest drugstore chain in terms of store count.

     

    1995

     

    The acquisition of Perry Drug Stores—the largest drugstore chain in Michigan—is our largest acquisition to date. We now operate nearly 3,000 stores.

     

    1996

     

    We expand services to the West Coast and the Gulf Coast region, through the acquisitions of Thrifty PayLess Holdings, Inc., Harco, Inc., and K & B Incorporated, adding over 1,000 stores to the company.

     

    1999

     

    We form a strategic partnership with General Nutrition Companies, Inc. (GNC), the largest specialty retailer of vitamins, mineral supplements, sports nutrition, and herbal products. This partnership leads to the creation of GNC "stores within stores" in Rite Aid locations across the country.

     

    1999

     

    A new management team joins Rite Aid to set a new course and create and execute a turnaround plan.

     

    2004

     

    Our strategic initiatives for growth now include a comprehensive focus on patient health and wellness programs, including heart health and allergy awareness, oral and skin care, diabetes and weight management, successful private label launches, and effective promotional and seasonal programs.

     

    2007

     

    We complete our purchase of the Brooks and Eckerd drugstore chains, making us the largest drugstore chain on the East Coast and the third-largest nationally.

     

    2010

     

    We introduce our first-ever free customer rewards program, wellness+, which has become recognized as the best loyalty program in the drugstore channel*.

     

    2011

     

    We launch a multifaceted immunization program, which included training more than 11,000 Rite Aid pharmacists to administer vaccines as permitted by state regulations. 

     

    2012

     

    As a company, we celebrate our 50th Anniversary. To meet the needs of our value-driven consumers, we continue to revamp our entire private brand program with a new look, new brands, and additional offerings.

     

    2014

     

    We acquire Health Dialog Services Corporation advancing our retail health and wellness strategy. Health Dialog provides healthcare coaching and disease management services via live online and phone health services.

     

    In 2014, we launched KidCents, an in-store round-up charitable giving campaign that allows customers to direct their change to one of more than 200 charitable organizations and causes.

     

    2015

     

    We expand our portfolio with our acquisition of EnvisionRx (now Elixir, a wholly owned subsidiary of Rite Aid Corporation), a national, full-service pharmacy benefit management (PBM) company. This acquisition significantly expanded our health and wellness offerings and gained us entry into the specialty and mail order markets.

     

    2016

     

    As part of our ongoing efforts to combat the scourge of opioid abuse, Rite Aid offers naloxone without a prescription in 13 states. Rite Aid pharmacists are trained in the administering of the drug, which can be used to reverse the effects of an opioid overdose.

     

    2017

     

    The Rite Aid Foundation launches its KidCents Safe Medication Disposal Program, a new initiative focused on reducing drug accessibility, medication misuse and accidental poisoning among children and adolescents.

     

    2018

     

    DisposeRx, a first-of-its-kind opioid disposal solution, is made available at every Rite Aid pharmacy. 

     

    2019

     

    Healthcare industry leader Heyward Donigan is appointed President & CEO, bringing to Rite Aid more than three decades of healthcare industry experience. With Donigan’s appointment, Rite Aid begins a new direction, steered by a new leadership team.

     

    2020

     

    Rite Aid leadership unveils a new strategy called RxEvolution. This marks a fundamental shift in both the composition and delivery of our products and services and reintroduces Rite Aid to customers who’ve known us for decades.

     

    In late 2020, we acquired Bartell Drugs, expanding our presence across Washington state by 67 stores. The historic family-owned brand continues to operate under its name.

     

    2021

     

    Rite Aid began administering the life-saving global COVID-19 vaccines at all locations.

     

    In 2021, Rite Aid unveiled its corporate workplace of the future – a remote-first work approach for corporate associates offering flexibility with opportunities for in-person collaboration.

     

    2022

     

    Rite Aid relocated its headquarters from Camp Hill to Philadelphia’s Navy Yard district. The Rite Aid Collaboration Center is located on the second floor of 1200 Intrepid Avenue..

     

    Also in 2022, The Rite Aid Foundation rebrands to become Rite Aid Healthy Futures with a sharpened focus on addressing racial inequities and health disparities in underserved communities. 

     

     

     

    * Bond Brand Loyalty Study, 2014