RITE AID CORP. (RAD)
Rite Aid Corporation is the No. 3 drugstore chain in the U.S., with 4,900+ stores across the country. In mid-2007, Rite Aid acquired 1,850+ Brooks and Eckerd drug stores, making a bigger player among the top three. Two-thirds of the company’s sales come from prescription drugs, though its stores also sell health and beauty products, convenience foods, greeting cards, and other items, including about 3,000 private-label products. Rite Aid was founded in 1927 and is based in Camp Hill, PA.
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