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Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [10] 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 over 2,000 stores, and ranked No. 148 in the Fortune 500 in 2022.
1112 Civic Center Dr NW, Rochester, MN 55901. 1274 Town Centre Dr, Eagan, MN 55123. 600 County Hwy 10, Blaine, MN 55434. 4916 France Ave S, Edina, MN 55410. Mississippi. 1583 E County Line Rd ...
Heyward Donigan. Heyward Donigan is an American business executive. She served as President and CEO of Rite Aid from 2019 to 2023. Heyward Donigan. Education. University of Virginia, New York University. Title. President and CEO of Rite Aid (2019-2023)
However, that deal was later scrapped due to antitrust concerns in favor of a $5.18 billion deal, in which Walgreens only acquired half of Rite Aid locations. On September 19, 2017, the Federal Trade Commission approved a fourth deal agreement to purchase 1,932 Rite Aid stores for $4.38 billion total, which was completed in January 2018.
October 19, 2023 at 11:50 AM. Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed more than 100 stores nationwide as part of its restructuring efforts. The ...
After filing for Chapter 11 bankruptcy protection, Rite Aid said it will receive $3.45 billion in new financing to help the company keep remaining stores open and employees paid while it undergoes ...
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