ArvinMeritor Inc - Golden West Financial - Beazer Homes USA, Inc. - PPG Industries, Inc. - Cisco Systems, Inc.
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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 128
Company Information
Name: Rite Aid Corporation
Industry: Retail (Drugs)
Description: Rite Aid Corporation is one of the nation's leading drugstore chains with annual revenues of more than $15 billion and approximately 3,500 stores in 28 states and the District of Columbia. Information about Rite Aid, including corporate background and press releases, is available through the company's website at www.riteaid.com.
Financial Summary: For the 26 weeks ended 27 August 2005, Rite Aid Corporation's revenues decreased less than 1% to $8.35B. The Company's net income applicable to Common for the period decreased 86% to $8.2M. Revenues reflect a decrease in same store pharmacy sales due to a decrease in the number of prescriptions filled. Earnings also suffered from increases in pharmacy labor, advertising expenses and securitization program fees.
Business Summary: Rite Aid Corporation is a retail drugstore chain in the United States. The Company operates its drugstores in 28 states across the country and in the District of Columbia. As of February 26, 2005, it operated 3,356 stores. In its stores, the Company sells prescription drugs and a wide assortment of other merchandise, which it calls front-end products. Front end products include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, beverages, convenience foods, greeting cards, seasonal merchandise and numerous other everyday and convenience products, as well as photo processing. It offers approximately 2,400 products under the Rite Aid private brand.
Misc Details
Symbol: RAD
City: Harrisburg
State: PA
ZIP Code: 17011
Address: 30 Hunter Ln
Phone: 717-761-2633
Fax: 717-975-5871
Website: http://www.riteaid.com
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