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Rite Aid: Rite Aid Corporation
built 655 days ago
Rite Aid Corporation is one of the nation's leading drugstore chains. With the June 4, 2007 acquisition of Brooks Eckerd, the company has annual revenues of more than $27 billion, more than 5,000 stores in 31 states and the District of Columbia, with a strong presence on both the East and West coasts, and approximately 116,000 associates. Rite Aid is the largest drugstore chain on the East Coast and the third largest drugstore chain in the U.S. The company is publicly traded on the New York Stock Exchange under the ticker RAD.
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Rite Aid Corporation is a retail drugstore chain in the United States. The Company operates its drugstores in 27 states across the United States and in the District of Columbia. As of March 3, 2007, it operated 3,333 stores.
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Zipfizz Corporation announced that Target Corp., Rite Aid Corp., H.E. Butt Grocery Company, The Bartell Drug Company and Vitamin Shoppe Industries Inc. are now carrying the company's flagship product, Zipfizz Healthy Energy Mix. Rite Aid, Target and H-E-B will all carry the Zipfizz three-pack in citrus and pink lemonade. The Zipfizz Healthy Energy Drink Mix is packaged in a test tube-like, single-serving container, and contains only 10 calories, no sugar, and 2 net carbs. When mixed with 16 to 20 ounces of water, it offers 25 nutritional ingredients, including nine vitamins, eight minerals, electrolytes and antioxidants. The Vitamin Shoppe will carry the Zipfizz 20-pack in pink lemonade and citrus flavors.
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Rite Aid Corporation sells 26,000 different types of non-prescription, or front-end products. The types and number of front-end products in each store vary, and selections are based on customer needs and preferences and available space. The Company has a strategic alliance with GNC under, which it has opened 1,270 GNC stores-within-Rite Aid-stores.
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Rite Aid Corporation (NYSE:RAD) today announced financial results for its second quarter ended September 1, 2007. Other than same-store comparisons, results for the second quarter reflect the acquisition of the Brooks Eckerd stores and distribution centers acquired June 4, 2007.
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Rite Aid Corporation