Company intelligence / Profile preview

Rite Aid

Philadelphia, Pennsylvania, USAriteaid.com ↗

Ownership: Private
Employees: ~15000
Development stage: Commercial

Overview

Rite Aid was one of the largest U.S. drugstore chains with over 1,200 stores as of early 2025. It provided retail pharmacy services and health products but faced significant financial distress due to debt and opioid litigation. The company filed for Chapter 11 bankruptcy in October 2023 and again in May 2025.

Industry: Non-Academic Healthcare

Partnerships

SmithKline Beecham joint venture for PBM services in late '90sElixir PBM subsidiary

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