CSG Snapshot: Rite Aid Corporation
30 Hunter Ln
Camp Hill, PA 17011
AL, CA, CO, CT, DC, DE, GA, ID, IN, KY, LA, MA, MD, ME, MI, MS, NC, NH, NJ,
NY, OH, OR, PA, RI, SC, TN, UT, VA, VT, WA, WV
Chairman + CEO: Mr. John T. Standley
CEO of Rite Aid Stores + President of Rite Aid Corporation: Ken Martindale
Senior Exec VP, CFO + Chief Administrative Officer: Darren Karst
The FTC approval process continues for the planned acquisition of Rite Aid Corporation by Walgreens Boots Alliance. The two companies set a self-imposed deadline of October 26, 2016 in terms agreed upon last fall. The chart below outlines the size of such a deal. With 12,000+ US stores experiencing change and uncertainty, opportunities for CSG partners and clients will exist.
Historical Data Source: Chain Store Guide’s Drug & HBC Chains Database. Estimated growth is based on a proprietary trend analysis. Actual figures are subject to change. This data is not intended for investment decisions.