With remote corporate opportunities and store nationwide,
Success is just around the corner
Rite Aid Corporation History
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.
We introduce our first-ever free customer rewards program, wellness+, which has become recognized as the best loyalty program in the drugstore channel [Bond Brand Loyalty Study, 2014].
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.
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.
A new management team joins Rite Aid to set a new course and create and execute a turnaround plan.
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 tlocations across the country.
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.
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.
We pass the $1 billion sales mark for the first time.
Our company becomes the third-largest retail drugstore chain in the country.
We now operate 267 stores in 10 states.
Rite Aid moves to the New York Stock Exchange.
Our name officially changes to Rite Aid Corporation. We also make our first public offering and start trading on the American Stock Exchange.
We grow rapidly through acquisitions and the opening of new stores, expanding to five northeastern states.
Our first store opens as Thrif D Discount Center in Scranton, Pennsylvania.