Rite Aid Statistics and Facts for 2024
Last Updated on: July 16th, 2024
Here are a few of the most interesting Rite Aid statistics and facts I was able to dig up including store count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Rite Aid Facts
Here is pretty much everything you ever wanted to know about Rite Aid.
- Website: Official Website
- Year Founded: 1962
- Headquarters: Camp Hill, PA
- Founder(s): Alex Grass
- Current Chief Executive: Heyward R. Donigan
- App Download (iOS)
- App Download (Android)
Rite Aid is a retail pharmacy chain based in the United States. The company was founded in 1962 and is headquartered in Camp Hill, Pennsylvania. Rite Aid operates over 2,500 stores across 17 states in the U.S.
Rite Aid’s primary business is the retail sale of prescription drugs, over-the-counter medications, health and wellness products, and personal care items. The company also offers pharmacy services, such as immunizations and medication therapy management.
Rite Aid has faced some challenges in recent years, including competition from other retail pharmacy chains and the rise of online pharmacies. In 2018, the company announced plans to merge with the grocery chain Albertsons, but the merger was ultimately called off.
Despite these challenges, Rite Aid remains a significant player in the retail pharmacy industry and has continued to expand its offerings and services to remain competitive. The company has also been involved in efforts to combat the opioid epidemic in the United States, including the implementation of programs to help prevent opioid abuse and addiction.
Rite Aid Revenue Totals
Annual Rite Aid revenue:
- FY 2023: $24.091 billion
- FY 2022: $24.568 billion
- FY 2021: $24.043 billion
- FY 2020: $21.928 billion
- FY 2019: $21.639 billion
- FY 2018: $21.528 billion
- FY 2017: $22.927 billion
- FY 2016: $20.770 billion
- FY 2015: $16.558 billion
- FY 2014: $15.874 billion
Additional Rite Aid Statistics
Top 5 sates based on number of stores in them (FY 2019):
- California: 540
- Pennsylvania: 520
- New York: 318
- Michigan: 262
- Ohio: 208
(source)
Number of stores with a GNC in them:
Number of stores with a drive through pharmacy:
Retail pharmacy segment by product class (FY 2019):
- Prescription Drugs: 66%
- Over-the-Counter medications and personal care: 10.8%
- Health and beauty aids: 5%
- General merchandise and other: 17.6%
(source)
Please note that some of these numbers are easier to find than others. A few of these Rite Aid statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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