Rite Aid

Spot Location

Castor Avenue
Philadelphia
PA 19314
United States of America

Rite Aid on Castor Avenue, Philadelphia Pennsylvania - location map

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Spot Details

Spot Type

  • Healthcare
  • Pharmacy

Spot Payment Options

  • Visa
Spot is on Exit(s)

I-95-PA-27-NB
Bridge Street / Harbison Avenue
Philadelphia Philadelphia PA

I-95-PA-26-SB
 To Route 90 (Betsy Ross Bridge) / Aramingo Avenue
Philadelphia Philadelphia PA

Brand

Brand: Rite Aid

Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. The company ranked No. 150 in the 2020 Fortune 500 list of the largest United States corporations by total revenue.Rite Aid began in 1962, opening its first store in Scranton, Pennsylvania; it was called Thrift D Discount Center. After several years of growth, Rite Aid adopted its current name and debuted as a public company in 1968. As of 2021, Rite Aid is publicly traded on the New York Stock Exchange under the symbol RAD.

On September 19, 2017, the Federal Trade Commission (FTC) approved a fourth deal agreement for Walgreens to purchase 1,932 stores from Rite Aid for $4.38 billion total.



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Alpha Release News: see notes.