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Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [1] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with roughly 1,250 stores in 15 U.S. states, primarily on the East and West coasts.
On August 23, 2006, The Wall Street Journal announced that Rite Aid would acquire 1,858 Eckerd Pharmacy and Brooks Pharmacy stores from Jean Coutu for US$3.4 billion (~$4.94 billion in 2023). The deal closed on June 4, 2007. Rite Aid announced that the two chains would be converted to the Rite Aid name, retiring the 109-year-old Eckerd banner.
In 2007, Health Dialog was acquired by Bupa, an international healthcare group, until it was purchased by the Rite Aid Corporation in 2014. [ 16 ] [ 17 ] [ 18 ] Currently, the company is part of Carenet Health, which delivers telephonic and online support to customers while also utilizing predictive analytics to suggest opportunities for lower ...
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In April 2020, Donigan spoke at a press conference with President Donald Trump to speak about Rite Aid's commitment to COVID-19 testing. [11] Due in part to the pandemic, Donigan's tenure included a move toward remote work for Rite Aid corporate employees, as well as an expansion of digital delivery systems for pharmacy customers. [12]
A Rite Aid sign is displayed on the facade of a store in Pittsburgh, Pennsylvania, on Jan. 23, 2023. Credit - Gene J. Puska—AP. R ite Aid has been banned from using facial recognition technology ...